Thursday 27 June 2019 ,
Thursday 27 June 2019 ,
Latest News
  • DU tests find detergent, antibiotics in cow’s milk
  • Convince Myanmar to take Rohingyas back, PM tells China
  • World Cup: Australia crush England to reach WC semi-finals
  • Bangladesh needs to treat over 1.5m new TB cases in next 5yrs
  • BSMMU performs first-ever liver transplant surgery
Muhith zeroes in on growth

Muhith zeroes in on growth

Finance Minister Abul Maal Abdul Muhith yesterday proposed a national budget of Tk 295,100 crore for the 2015-16 fiscal year (FY) with the aim of taking…
Prices up and down

Prices up and down

The proposed budget for the 2015-16 fiscal year, placed yesterday by Finance Minister AMA Muhith, suggested the increases in taxes and duties of some…

Revenue target main challenge

Economists offered mixed reactions to the budget, saying that the size was expected, adding it would be quite a challenge to collect revenues in implementing the plans outlined by finance minister AMA Muhith. Muhith, yesterday, placed the Tk 2.95 trillion budget in Parliament, with a thrust on increasing…

Basic salary, bonus under tax net

Finance Minister AMA Muhith has proposed to impose tax on basic salary, bonus and festival allowance for both government and non-government salaried employees. “As per existing provision, all allowances excluding basic salary of government employees are tax-free which is discriminatory,”…

Private education to get costlier

Finance minister AMA Muhith yesterday in his budget speech proposed to impose a 10 per cent value-added tax (VAT) on the country’s private universities, and medical and engineering colleges. He said this rate would keep ‘the tax burden at a rational level'. Currently, only English medium…

Visit to benefit both nations, region: Modi

Indian Prime Minister Narendra Modi yesterday described as ‘very strong’ New Delhi’s relationship with Dhaka and said his upcoming visit to Bangladesh will benefit both the countries as well as the South Asian neighbourhood. He also said he is undertaking the visit with a great sense…

AL, allies welcome budget

Leaders of the Awami League (AL)-led 14-Party Coalition hailed the proposed budget for the 2015-16 fiscal year. They claimed that the budget will fulfil the government’s dream. They said though the proposed budget for the 2015-16 fiscal is rather voluminous, its implementation will establish the…

BNP terms budget anti-people  

BNP leaders have termed the budget proposals as "big sized", but said it was like taking borrowings with clarified butter. They said there are no directions about whitening black money, establishing good governance and ensuring fair price for agricultural products. The BNP leaders felt the…

FBCCI hails, other bodies decry budget  

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has termed the budget as conducive to the expansion of local industries. “We are happy with the budget as it is industry friendly. It will bring momentum to the development of industries across the country, including in Dhaka…

Mobile phone call charges to go up

The cost of voice calls, data transfer and SIM cards is likely to go up as Finance Minister AMA Muhith, in his budget speech, proposed 5 per cent supplementary duty on mobile phone services. “I propose to impose 5 percent supplementary duty on the services provided through SIM and RIM card of…

Tax-free income ceiling raised

The ceiling of tax-free income for individuals has been raised to Tk 2,50,000 a year from Tk 2,20,000 in the proposed national budget for the 2015-16 fiscal. The government move comes considering the prevailing inflation, increased cost of living and to reduce tax burden for marginal taxpayers. “Considering…
Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
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Yes 49.4%
No 46.6%
No Comment 4.1%
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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