The Prime Minister said, “The present government will not indulge in any form of extremism or radicalism under any circumstances. Although we, the ruling party and the opposition party, may differ on some matters in this Parliament, we have agreed together on many issues. I believe that the present government will not tolerate fundamentalism and […]
Accumulating problems will include inequality and discrimination, violence against women, financial sector crises, and environmental pollution. Various global crisis dimensions, preparation for transition in a developing country, geo-economic constraints and economic nationalism will emerge as upcoming headwinds for Bangladesh’s economy. All these will hamper the achievement of budgetary targets. In this context, Bangladesh will have […]
Local Government, Rural Development and Cooperation Minister Mirza Fakhrul Islam Alamgir on Friday said if freedom fighters and “July warriors” get allowances, then families of victims of enforced disappearances should also be provided allowances. The minister also said that the government will arrange budget allocation for these families in the upcoming financial year. Mirza Fakhrul […]
Responding to Naheed’s comment, Local Government Minister Mirza Fakhrul Islam Alamgir said the opposition chief whip’s comment was not correct. He said, opposition member Hannan Masood had specifically said that the leader of the House and the Prime Minister had made wrong statements. When the opposition members started shouting in protest, Mirza Fakhrul said, “Let […]
The Center for Policy Dialogue (CPD) says the proposed personal income tax structure for the 2026-27 financial year is ‘highly discriminatory’, noting that the new structure disproportionately increases the burden on low-income individuals. In contrast, the think tank argued that the increase in tax liability for high-income individuals earning above Tk 3 million annually is […]
This is not only a huge budget but also a huge deficit. The question is where will the money come from? Can the National Board of Revenue (NBR) achieve its revenue target? Tax coverage appears to have been expanded, providing tax relief to almost all groups. How effective is it likely to be? If the […]
The press conference was attended by Minister of Power, Energy and Mineral Resources Iqbal Hassan Mahmood; Health Minister, Shakhawat Hossain Bokul; Minister of Information and Broadcasting, Zaheer Uddin Swapan; Minister of Fisheries and Agriculture, Aminur Rasheed; Education Minister, Ehsanul Haq Milan; Minister of State for Planning, Zoneid Saki; Mahdi Amin, spokesman for the Prime Minister’s […]
According to the Center for Policy Dialogue (CPD), the current tax structure places an disproportionately heavy burden on low-income people, and the tax-free income limit proposed in the Budget for the financial year 2026-27 should have been further increased. The independent policy research organization said the newly proposed tax-free income threshold is insufficient to provide […]
Industry stakeholders noted that startups often have to pay turnover tax even during their early stage, when revenues remain low. To address this challenge, the government has proposed to reduce the turnover tax for startups and technology-driven businesses to zero percent in a single phase. Along with income tax relief, the Finance Minister has also […]
After 20 years, BNP has come to power with big dreams. People were waiting for the budget. To fulfill everyone’s dreams, the Finance Minister has announced a big budget offering significant tax concessions to please all parties. However, there is a lot of doubt regarding the implementation of this budget. The biggest question is where […]
Total expenditure in the budget presented in the Jatiya Sangsad on Thursday is estimated at 13.7 per cent of GDP, 1.48 trillion taka (1.48 lakh crore) more than the previous fiscal year. Development expenditure is ₹3.16 trillion taka (₹3.16 lakh crore), including ₹3 trillion taka (₹3 lakh crore) under the Annual Development Programme, while non-development […]