Exporters including apparel manufacturers will have to pay 0.6 percent tax at source on their income from exports from the upcoming fiscal year, as the government reduced the rate from the proposed 1 percent.

The number of unsettled audit objections against 55 ministries or divisions is 8,53,314 involving Tk 6,15,606 crore which is almost double of the proposed budget of the next fiscal year.

In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.

WHO does not like a pay increase? The new pay scale - the proposed increase in the salary of government employees - is likely to be implemented in the upcoming fiscal year beginning from next July.

Bangladesh’s economy increases by 6.51 percent in the first current fiscal year, up from 6.1 percent last year.

Finance Minister AMA Muhith hints of a bigger budget for the upcoming fiscal and says its prime focus will be on drawing more investment and generating more revenue.