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The budget for next fiscal year (FY) proposed to substantially increase allocation of subsidy and incentives to TK 386.88 billion, much of which is aimed at offsetting the shock of...
Finance Minister AHM Mustafa Kamal tabled the budget proposals for the financial year (FY) 2020-21 in parliament on Thursday as the Covid pandemic continued to wreak havoc on life and...
The prices of imported onion, honey and industrial raw materials, tobacco items, disodium sulphate, lightning arrester, dredger, furniture and industrial salt may go up in the upcoming fiscal year. Cost...
Business leaders have hailed the just-announced budget, saying it has addressed the impacts of Covid-19 and recovery measures from the crisis well. Some, however, were sceptical about its implementation and...
Leading economists on Thursday expressed reactions to the new budget, saying some measures are unrealistic and ambitious, while others are good. They listed 8.2 per cent GDP growth, higher bank...
George Floyd’s younger brother took his grief to the US Congress on Wednesday with an impassioned plea that lawmakers not let his brother’s death be in vain, lamenting that he...
The Covid-19 pandemic has exposed multiple fault lines in the health sector. Inadequate allocation of resources on an annual basis by the government is one of those. With the pandemic...
Ever since the outbreak of coronavirus as a pandemic, no news has overtaken that of the unprecedented disease until the massive protests against stifling George Floyd to death by a...
The SARS-CoV2 pandemic, leading to deadly Covid-19, brought disruptions in inter-country as well as within-country flow of goods and services. Economic Research Group (ERG) carried out a tele-based survey of...
Few people in the COVID-19-hit countries can now seriously think of travelling abroad. The problem begins with the non-availability of the modes of transport --- beginning from flights, inter-country trains...
The government has allocated Tk 14.79 billion for the Ministry of Youth & Sports in the proposed national budget for the fiscal year 2020-21. The amount is Tk 223.7 million...
The country's textile mills are reportedly in a difficult situation. While the Covid-induced decline in demand for fabrics from exporting garment factories has already taken a long toll on the...
The government has proposed a significant change in the source tax collected on interest and discount on bonds in an effort to strengthen the bond market, reports bdnews24.com. Finance Minister...
An amount of Tk 348.42 billion has been proposed for the Defense Ministry and other services under the ministry in the national budget for 2020-21 fiscal year. Finance Minister AHM...
Prices of health products and protective kits, such as masks, gloves and PPE, to fight COVID-19 are set to drop as the government is waiving VAT in the proposed budget...
The government has taken up special measures for the protection of small and medium enterprises (SMEs) considering the importance, Finance Minister AHM Mustafa Kamal has said in his budget speech....
Telecom carrier Robi Axiata has said the government’s move to increase supplementary duty by 5 percentage points on all telecom-related services is “highly regrettable”. Telecom carriers will implement the new...
The allocation for the disaster management and relief has been rather cut although Bangladesh is badly affected by climate change as well as natural calamities. The finance minister in his...
Finance Minister AHM Mustafa Kamal has said the agriculture sector takes priority in Bangladesh’s budget as the country seeks to overcome the COVID-19 crisis, second only to health. The minister...
The price of gold may decline as Finance Minister AHM Mustafa Kamal on Thursday proposed to withdraw the existing 15 per cent VAT on the import of gold bar. In...
Finance Minister AHM Mustafa Kamal on Thursday increased the budget allocation for education sector to Tk 664 billion in the proposed budget for the fiscal year of 2020-21 (FY21). The...
The Parliament has proposed Tk 153.14 billion for the Ministry of Food and Ministry of Disaster Management and Relief, which is 2.7 per cent of the total budget outlay of...
In a bid to enable the poor absorb the shock of COVID-19 impact, the budget for next fiscal (FY21) proposed an allocation of Tk 955.74 billion for the social security...
The government has proposed a small rate of customs duty on onion import to ensure fair market price for local farmers, encouraging onion cultivation and reducing dependency on imports. Finance...
The government has proposed to double the source tax to 0.5 per cent from existing 0.25 per cent for all export oriented sectors including the readymade garment (RMG) industry for...
Finance Minister AHM Mustafa Kamal has proposed an increased allocation for the health and family welfare sector in the budget proposed for the fiscal year 2020-21, giving priority to activities...
The Finance Bill, 2020 was placed in the Jatiya Sangsad (JS) on Thursday, proposing beginning the next fiscal year from July 1, 2020 and necessary amendments to some laws regarding...
Finance Minister AHM Mustafa Kamal has proposed to continue with the additional export incentive of 1.0 per cent in the next fiscal year in addition to other existing incentives. Placing...
Finance Minister AHM Mustafa Kamal has proposed a money legalising opportunity showing undeclared cash, bank deposits, savings certificates, shares, bonds or any other securities without facing any question. The opportunity...
The stock market anticipates a major boost as the government allowed untaxed money to invest in the capital market. People who will avail the facility to invest in securities such...
Finance Minister AHM Mustafa Kamal has proposed to introduce the provision of TDS (tax deducted at source) at the time of payment of interest and discount on bonds to make...
The government has proposed to allot Tk 645.80 billion for the development of communication infrastructure in upcoming fiscal year 2020-21. According to sectoral allocation proposed in the budget for FY...
The proposed national budget for FY 2020-21 has kept a provision of giving a tax rebate of Tk two thousand to all the taxpayers who will file their income tax...
Finance Minister AHM Mustafa Kamal is planning to increase the threshold of tax-free income for individuals to Tk 300,000 in the national budget for fiscal 2020-21. The proposal outlined in...
The government has revised down its estimated GDP growth for the current fiscal year to 5.2 per cent in the wake of the Covid-19 epidemic. The information was provided during...
Flight operations on international routes from Bangladesh will resume on June 16 after over two months of suspension due to the coronavirus (Covid-19) pandemic. “A meeting decided to resume flights...
A total of 861 people have died with Covid-19 like symptoms between March 8 and June 6 across the country, according to a report released on Thursday. A project styled...
Stocks posted a modest gain on Thursday, as investors are cautiously waiting for the budget announcements before making any further investment decisions. Finance Minister AHM Mustafa Kamal is unveiling the...
The Cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2020-21. Prime Minister Sheikh Hasina presided over the meeting held at the cabinet...
Finance Minister AHM Mustafa Kamal has presented the upcoming 2020-21 fiscal year's proposed national budget with a record outlay of Tk 5.68 trillion (Tk 568,000 crore), which is 17.9 per...
A new dengue case was reported in the last 24 hours until 8am on Thursday, said Directorate General of Health Services (DGHS). Currently, three dengue patients are being treated at...
Directorate General of Health Services (DGHS) has reported 37 deaths from the coronavirus (Covid-19) in the 24 hours to 8:00 am today. With the latest victims, the death toll due...
Emirates has received approvals to carry passengers on flights to Kabul in Afghanistan, starting from June 25, taking the total number of destinations to 30 currently offered to travelers, says...
The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero amid mounting fallout from the COVID-19-induced recession. The Fed on Wednesday kept...
The national advisory committee on Covid-19 has suggested that the lockdown should cover as much of the risky zone as possible to limit the spread of the coronavirus. The committee...
Some European Union member states have announced new steps to reopen their borders with the improvement of the coronavirsu (Covid-19) situation inside their countries. German Interior Minister Horst Seehofer has...
Total US coronavirus cases surpassed 2 million on Wednesday, according to a Reuters tally, as health officials urge anyone who took part in massive protests for racial justice to get...
Stocks witnessed almost flat in early trading on Thursday as the investors are closely eyeing on national budget unveiled today. The growing virus tension and the floor price limitation also...
Moslem Uddin Ahmed, MP of Chattogram-8 constituency and his nine family members have been diagnosed with coronavirus. District Civil Surgeon Dr Fazle Rabbi said a medical team from Boalkhali upazila...
About 50 days are left before the largest congregation of Muslims, yet an uncertainty looms over Hajj this year in Saudi Arabia because of the coronavirus pandemic. The decision is...
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