The government will bring all of its employees under insurance coverage, says Finance Minister AHM Mustafa Kamal in his budget speech.

The budget for fiscal 2019-20 includes plan for pension for all. Pension for all employed citizens in both formal and informal sectors will be ensured gradually, says the budget proposal placed at parliament.

Fifteen per cent tax has been imposed on stock dividend distributed to the shareholders by any listed company in the proposed budget for fiscal 2019-20.

Finance Minister AHM Mustafa Kamal proposed 10 per cent supplementary duty on issuance or renewal of all kinds of vehicles registration, route permit, fitness certificates, ownership certificate.

Bangladesh government is planning to modernise the Anti-Corruption Commission (ACC) in order to curb corruption in the country.

The government proposes raising allocation in the education sector by 17 percent to Tk 61,118 crore in the budget for the next fiscal year compared to the revised allocation in the outgoing fiscal year.

Dominating export sector, the readymade garments industry is getting a highest cash incentive of 5 per cent in the budget for fiscal 2019-20.

With a plan to collect more tax, Finance Minister AHM Mustafa Kamal proposes not to increase the tax rate.

Finance Minister AHM Mustafa Kamal proposes allocation of Tk 100 crore to facilitate rehabilitation of the people affected by river erosion.

Mobile phone users are going to face higher bills for usage as supplementary duty proposed to make double as 10 per cent from its existing 5 per cent in the proposed budget.

Finance Minister AHM Mustafa Kamal proposes to allocate Tk 28,051 crore for the power and energy sector in the new fiscal year, up by 5.84 per cent from Tk 26,502 crore in 2018-19.

Necessary funds are allocated for the enlistment of new schools under MPO (Monthly Pay Order) system in the proposed national budget for FY 2019-20.

The budget for fiscal 2019-20 is aiming for a growth rate of 8.2 per cent, banking heavily on the expected growth of the running fiscal.

The budget for fiscal 2019-20 is focusing on grooming business and private sector growth, Finance Minister AHM Mustafa Kamal has said.

Total revenue collection is estimated at Tk 3,77,810 crore in the proposed national budget for fiscal year 2019-20.

The cabinet has approved the proposed national budget for fiscal year 2019-20. It was approved around 2:15pm with Prime Minister Sheikh Hasina chairing the special meeting held at the parliament complex, Parliament Secretariat sources said.

Budget documents will be available on different websites of the government, as Finance Minister AHM Mustafa Kamal is set to announce the proposed national budget for FY20 this afternoon.

Tax and fiscal policies framed and applied by the government are not progressive enough to reduce inequality in the society, said analysts.

Mobile phone users might have to spend more as the National Board of Revenue is expected to seek a hike in the supplementary duty (SD) on calls, data and other services in the coming fiscal year, said officials.

The Bangladesh economy is taxing for take-off -- for its long-haul flight to the developed country club, with couple of stopovers in between.