Finance Minister AHM Mustafa Kamal
Budget implementation big challenge for govt: Economists
Economists say implementation of the ‘loan dependant’ budget for 2020-21 fiscal year will be a big challenge for the government as the collection of revenue has shrunk amid the coronavirus pandemic.
Allocation for education sees rise in budget
The government has increased the budgetary allocation for the education sector as the two ministries concerned will get Tk 66,400 crore in the upcoming fiscal year, which is higher by some Tk 5,282 crore than the allocation in the actual budget for 2019-20 fiscal year.
Budget: BGMEA wants source tax unchanged for 5 years
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday urged the government to keep the source tax unchanged at 0.25 percent for another five years.
Agri sector to get Tk 9,500 cr subsidy
Finance Minister AHM Mustafa Kamal on Thursday proposed an allocation of Tk 9,500 crore as subsidy for agriculture sector in the upcoming fiscal.
Agriculture gets second highest priority with Tk 22,489 cr
Aiming to ensure food security and prevent any possible food crisis in the post-corona world, the government has given the second highest priority to agriculture by proposing an allocation of Tk 22,489 crore, up by 1,005 crores from last year’s.
Govt. allocates Tk 1478.93 crore for Youth & Sports
The government has allocated Tk 1,478.93 crore for the Ministry of Youth & Sports in the proposed national budget for the fiscal year 2020-21.
Budget: Govt allocates Tk 579cr for cultural affairs
Finance Minister AHM Mustafa Kamal on Thursday proposed allocating Tk 579.26 crore for the cultural affairs ministry in the Fiscal Year 2020-2021.
People’s lives, livelihoods ignored in budget: BNP
BNP on Thursday said the proposed national budget for the 2020-21 fiscal year has failed to reflect people’s hopes and aspirations.
EC to get Tk 1717cr in 2020-21 FY, down almost Tk 500 crore
An amount of Tk 1,717 crore has been allocated for the Election Commission in the proposed national budget for 2020-21 fiscal year, down by some Tk 500 crore of the allocation in the revised budget of the current fiscal year.
Budget proposes raising tax-free income threshold
The government has decided to change the tax-free threshold of income, tax rates and tax slabs for taxpayers other than companies and local authorities, especially individual taxpayers.