Prime Minister Sheikh Hasina and Finance Minister AHM Mustafa Kamal enter the parliament building on Thursday to present the national budget for the 2022-23 fiscal year — BSS
FE REPORT | 2022-06-10 00:00:00
The government has slightly widened the social safety-net programmes in the next budget -- following introduction of universal pension scheme along with rise in allocation and coverage for some vulnerable groups.Experts said considering the huge surge in prices of essential...
FE REPORT | 2022-06-10 00:00:00
Tax relocate on account of investment for middle income group of people is set to decline in the upcoming fiscal year.Currently, investment amount is allowed up to 25 per cent.The Finance Bill-2022 has proposed a cut in the eligible amount...
FE REPORT | 2022-06-10 00:00:00
Economists expressed mixed reaction over the proposed budget as those who talked to the FE were critical of government measures meant to tame inflationary pressures on public life in particular.Dr Debapriya Bhatta-charya, a Distinguished Fellow at the Centre for Policy...
FE REPORT | 2022-06-10 00:00:00
Different chamber leaders hailed the budget for the new fiscal year and also came up with their own suggestions in their instant reactions.Hailing the proposed budget for the fiscal year 2022-23, the country's apex trade body FBCCI has said this...
FE REPORT | 2022-06-10 00:00:00
The government has offered a one-time opportunity to legalise assets, moveable or immovable, acquired abroad paying a nominal tax, ranging between 7.0 per cent and 15 per cent. No question will be asked about the source of funds used to...
FE REPORT | 2022-06-10 00:00:00
Prices of imported motorcycles, laptops, mobile- phone sets and AC motors may go up in the upcoming fiscal year.The prices of motor vehicles may also rise, as the supplementary duty (SD) on vehicles with cylinder capacity from 2001cc to 3000cc...
JASIM UDDIN HAROON | 2022-06-10 00:00:00
Higher growth through economic rebound on higher spending by holding fired-up inflation in check features a Tk 6.78-trillion new budget the government announced Thursday. With inflationary pressure on the economy, the government proposes to ramp up spending on agriculture, food,...
The government has raised the bus fares on 13 routes adding the toll fixed for crossing the Padma Multipurpose Bridge to go to different south-western districts, reports UNB. Bangladesh Road Transport Authority (BRTA) issued a notification in this regard signed...
Light to moderate rain/thunder showers with temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Dhaka, Chattogram and Sylhet divisions and at a few places over Rajshahi, Khulna and Barishal divisions with moderately heavy to heavy...
Another scientific officer of Bangladesh Atomic Energy Commission (BAEC), who was injured in a road accident on June 5, died while undergoing treatment at Combined Military Hospital in the city on Wednesday night, says a press release.The dead is Farhana...
OUR CORRESPONDENT | 2022-06-10 00:00:00
CHATTOGRAM, June 09: A newspaper hawker was killed in a road accident in the Kattoli area in Chattogram at 7am this (Thursday) morning. He was identified as Md Jakir Hossain (42), son of Mokbul Hossain in the Ispahani gate area...
FE REPORT | 2022-06-10 00:00:00
The government has proposed imposing value added tax (VAT) on meditation services in the next budget for fiscal year (FY) 2022-23 three years after its exemption."I propose to withdraw the existing VAT exemption on meditation services," Finance Minister AHM Mustafa...
A six-member team led by Inspector General of Indian BSF South Bengal Frontier Dr Atul Fulzele holding talks with an 18-member delegation led by Brigadier General Omar Sadi, Regional Commander of Bangladesh Border Guard in Jashore at the four-day Regional...
After a few months of low dengue figures, cases are creeping up again in Bangladesh, reports UNB.The country confirmed 31 more dengue - a viral infection - cases in the 24 hours to Thursday morning.Twenty-eight new patients were admitted to...
Navy Chief Admiral M Shaheen Iqbal reviewing the passing out parade on BNS Titumir Parade Ground in Khulna on Thursday marking the induction of A/2022 batch of 554 new entry sailors including 25 women of Bangladesh Navy — ISPR
FE REPORT | 2022-06-10 00:00:00
Chittagong Chamber of Commerce & Industry (CCCI) on Thursday expressed mixed reactions on the proposed budget for the fiscal year 2022-23.CCCI President Mahbubul Alam said the proposed reduction in corporate tax rate would encourage investment as well as help widen...
FE Report | 2022-06-10 00:00:00
To meet the Covid-19-related emergency expenditure, the proposed budget has earmarked a block allocation of Tk 50 billion.In the previous two fiscal years, including the outgoing one, the size of the block allocation was Tk 100 billion when the coronavirus-related...
President Abdul Hamid authenticating the Finance Bill of 2022-2023 Fiscal Year at his parliament office on Thursday — PID
FE Report | 2022-06-10 00:00:00
The government plans to provide the local start-ups with more room to grow with the benefits like easing restrictions on their expenditure and lowering tax on their turnover, the finance minister said."I propose to withdraw the restrictions on expenditure and...
CHATTOGRAM, June 09 (BSS): Rapid Action Battalion (RAB) arrested nine members of a gang on charges of illegally cutting LPG cylinders and selling those in various re-rolling mills under Sitakunda, upazila of the district.Over 10,000 empty gas cylinders were seized...
Information and Broadcasting Minister Dr Hasan Mahmud on Thursday termed the proposed budget for 2022-23 fiscal as pro-poor, saying the budget will encourage internal production, reports BSS.In an instant reaction to the proposed budget, Hasan said the prices have gone...
Sumon Shikdar Musa, the mastermind of Awami League leader Zahidul Islam Tipu murder, has been brought back home from Oman, reports UNB. A team of DB police with Musa arrived at Chattogram Airport from Oman around 11am on Thursday, said...
A Dhaka court on Thursday fixed June 21 for holding hearing on a bail petition of ex-Jubo League leader Ismail Hossain Chowdhury Samrat and framing charges against him in a case filed for amassing wealth beyond known legal income sources,...
Jatiya Party Chairman GM Quader on Thursday said the budget for FY-2022-2023 is ambitious in the context of instability in the world market caused by the Covid-19 pandemic and the Russia-Ukraine war, reports UNB. "Instability has been prevailing in the...
FE REPORT | 2022-06-10 00:00:00
The High Court on Thursday accepted an appeal petition for hearing filed by Destiny Group President and also former Chief of Army Staff Lt Gen (retd) Harun-Ar-Rashid against his four years jail sentence given by a special court in a...
Awami League General Secretary Obaidul Quader has hailed the newly unveiled national budget as pro-poor, business-friendly and people-oriented, reports UNB.He was talking to reporters outside the Jatiya Sangsad Bhaban on Thursday after the presentation of the budget for FY 2022-23...
Bangladesh Awami Jubo League brought out a jubilant procession marking the newly unveiled national budget in the city on Thursday — Focus Bangla
BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday said the new national budget was prepared only to widen the scope for the ruling party leaders and activists to plunder more public money in the coming year, reports UNB."Every year...
Gold prices fell on Thursday as elevated U.S. Treasury yields dented bullion's appeal, while investors sought clarity on interest rate hike plans from the European Central Bank and the Federal Reserve, reports Reuters.Spot gold was down 0.3% at $1,847.90 per...
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