Dhaka April 29, 2025, 5:42 pm
The proposed allocation for the power division and the energy and mineral resources division is up 2.72 percent compared to the revised budgetary allocation of Tk 24,260 crore for the sector in the current fiscal year
Children who are employed in risky jobs are now getting skill development training and informal education for duration of 18 months and 6 months respectively
To encourage the use of green product jute, a 5 per cent supplementary duty has been proposed on all polythene bags, plastic bags and poly-packaging in the budget for fiscal 2018-19
Minister Muhith proposes to impose 5 per cent VAT on all e-commerce, including those using Facebook for sales, in the budget for fiscal 2018-19
The Cabinet approved the national budget of around Tk 468,000 crore for the fiscal year 2018-19 on Thursday afternoon
The lofty budget set a target of Tk 3.39 trillion revenue earnings, of which Tk 2.96 trillion will be collected by the National Board of Revenue (NBR)
The Centre for Non Resident Bangladeshis (Centre for NRB), a non-profit research organisation, made the plea to the National Board of Revenue (NBR)
This will be the country’s 47th budget and the 19th of the Awami League government while the 12th for Muhith
The banks are allowed to avail liquidity from the central bank for durations ranging from seven days to a maximum of 28 days.
The BPC is violating both policy and rules concerning the public accounts. This is in no way acceptable
The project-executing agencies concerned have sought two more years and an increased amount of funds for completing the BRT line due to failure in timely execution of the project
The House (Budget Session) would sit at 10:30 am every working day
The last banking commission was set up in 2004. Recommendations of such commissions were not fully implemented
Muhith to place the country’s 47th national budget at JS from 12:30 pm
There will be no major change in the ‘election year’ budget
Muhith also said they were not changing the tax slabs like in the previous budget.
The inflation rate fallen by 0.06 percentage points in last month compared to 5.63 per cent in April. the point-to-point inflation a year ago in May 2017 was recorded higher at 5.76 per cent
The tax authorities came up with the response after the Power Division sought opinion of NBR whether the existing statutory regulatory orders (SROs) will allow the mega power plant to enjoy the tax benefits
The CPD, a leading private think-tank, said the corporate tax rates should not be cut in a hasty manner and on an ad-hoc basis, as it fetches about two-thirds of the income tax revenue annually.
Tk 262.26 billion is likely to be allocated for the country’s power and energy sector in the next national budget for the 2018-19 financial year (FY19)
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