Dhaka May 13, 2025, 9:40 pm
Bangladesh's gross domestic product is expected to grow by 4.5 per cent in fiscal year 2020 and 7.5 per cent in fiscal year 2021, according to an Asian Development Bank report.
The International Business Forum of Bangladesh (IBFB) has termed the proposed budget as usual one at an unusual time.
Global foreign direct investment (FDI) flows are forecast to decrease by up to 40 per cent in 2020, and further by 5 to 10 per cent in 2021, before recovering in 2022, said a United Nations report Tuesday.
Individual taxpayers with gross assets lower than Tk 4.0 million will not be required to submit wealth statement in tax returns.
It now appears that Bangladesh is facing a major economic crisis in the making caused by the Covid-19 pandemic.
Bangladesh's economic impact due to COVID-19 pandemic has been felt in three main avenues-- a drop in domestic economic activity after announcement of shutdown, a decline in exports of ready-made garments and a fall in inward
Despite having a devastation by recent cyclone Amphan, government hardly allocated incremental financial allocation for embankment construction for coastal protection and to save next economic activities or any stimulus to sa
The government has exempted value added tax (VAT) on sales of newspapers, books, magazines, government gazettes and other publications.
Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) congratulated Finance Minister A H M Mustafa Kamal for presenting his second national budget before the Jatiya Sangsad on Thursday for the financial year 2O202021 (F
Finance minister AHM Mustafa Kamal on Friday said the government did not think about sources of funds for budget, because it proritised saving lives, amid the pandemic.
Before the budget’s placement in parliament, it was authenticated by President Abdul Hamid after cabinet approval
One can only hope, is what one would remark once learning of Finance Minister AHM Mustafa Kamal's revenue target for the upcoming fiscal year, due to begin from July 1.
The National Board of Revenue or NBR is set to increase tax on private car owners and the import of onion in the budget for the upcoming fiscal year.
The size of the proposed budget could be approximately over Tk 5 lakhs 60 thousands crore
If the GDP growth comes down to 1.6 percent as per World Bank’s projections, it will be the lowest figure in 37 years in Bangladesh
The Group of 20 rich and emerging economies has pledged more than 21 billion US dollars to fight the coronavirus (COVID-19), the group said early on Saturday.
Renewable power generation increasingly costs less than the cheapest fossil fuel-based power generation options, according to a new report published by the International Renewable Energy Agency (IRENA).
Bangladesh is likely to receive US$250 million budgetary support from the World Bank (WB), as the Washington-based lender might approve the assistance next week, officials said on Monday.
The coronavirus will cause global economic output to contract by 5.2 per cent in 2020, the World Bank said on Monday.
The government may impose penal tax at a rate of 50 per cent on the amount involved in misinvoicing and fake investment in the upcoming budget (FY 2020-21).
