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The Financial Express

JS to pass Finance Bill Monday

| Updated: June 29, 2020 09:52:59


JS to pass Finance Bill Monday

The Jatiya Sangsad (JS) is set to pass the Finance Bill 2020 tomorrow (Monday) with some possible changes, including the withdrawal of the proposed supplementary duty on telecom services.

Besides, the JS will approve the Appropriations Bill 2020 on June 30 through which the Tk 5.68 lakh crore national budget for FY21 will be passed.

The sittings of the House will resume at 11:00am after a five-day recess as the session was adjourned on June 23 last.

Tomorrow will be the last day for holding general discussions on the proposed budget for the next fiscal year.

After the leader of the House and the Prime Minister delivers her winding up speech on the proposed budget tomorrow, the Finance Minister would deliver his concluding speech and thus would incorporate the suggestions from the various quarters on the Finance Bill including from the premier and the lawmakers.

According to officials at the Finance Ministry, Kamal may cancel his plans to raise the supplementary duty (SD) on telecom services and double the deposit in VAT-related disputes following criticism and demands from various quarters, reports BSS.

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