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Mohammad Mufazzal 2020-06-14 11:06:53
Stakeholders have expressed mixed opinion on the budgetary proposal of reducing corporate tax for non-listed companies amid the unchanged rate of the same for listed companies. Most of them said th...
FHM Humayan Kabir 2020-06-14 09:42:12
The government's goal of doubling private investment as percentage of gross domestic product or GDP, in fiscal year 2020-21 is unrealistic, economists said on Saturday. The government seeks to rais...
FE REPORT 2020-06-14 09:23:13
A local think-tank Saturday questioned the justification behind setting the economic growth target for the upcoming fiscal at 8.2 per cent. In a virtual post-budget analysis on Saturday, South Asian...
-- 2020-06-13 19:28:50
Finance Minister AHM Mustafa Kamal has said money launderers should leave Bangladesh forever if they do not want to invest the funds in the country. The minister also said the government will toughen...
FE ONLINE DESK 2020-06-13 18:21:45
Bangladesh's economic impact due to COVID-19 pandemic has been felt in three main avenues-- a drop in domestic economic activity after announcement of shutdown, a decline in exports of ready-made garm...
Babul Barman 2020-06-13 10:30:49
Stocks posted a marginal gain in the outgoing week as growing tension over the virus scare and the floor price mechanism kept the market almost dull. Week-on-week, DSEX, the key index of the Dhaka St...
FE REPORT 2020-06-13 09:35:42
Finance minister AHM Mustafa Kamal on Friday said the government did not think about sources of funds for budget, because it proritised saving lives, amid the pandemic. "… Lives must be saved....
FE Online Report 2020-06-12 21:02:56
Garment accessories makers have urged the government to provide them with equal budgetary facilities as proposed for the readymade garment (RMG) sector. Bangladesh Garments Accessories and Packaging...
-- 2020-06-12 19:54:09
Finance Minister AHM Mustafa Kamal has said the government did not think about the source of funds for the FY21 budget because saving lives was the top priority amid the coronavirus pandemic. “...
FE ONLINE DESK 2020-06-12 16:20:30
As Bangladesh keeps recording an accelerating number of confirmed cases of Covid-19, Unnayan Onneshan (UO), in a budget analysis on Friday, opined that the government should enforce a lockdown, advoca...
FE ONLINE REPORT 2020-06-12 14:04:52
The Centre For Policy Dialogue (CPD), in its budget reaction on Friday, said the proposed budget for the fiscal year 2020-21 (FY21) has largely ignored the impacts of the Covid-19 pandemic. “We...
SHAMSUL HUQ ZAHID 2020-06-12 11:37:32
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 economy. His bu...
-- 2020-06-11 18:47:14
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 his budget speech at the parliament, Mr...
FE Online Report 2020-06-11 18:40:05
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 finance ministe...
FE Online Report 2020-06-11 18:23:56
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 Tk 5.68 trillion. The propos...
FE Online Report 2020-06-11 18:22:20
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 sector, which is 16.83 per cent o...
FE Online Report 2020-06-11 18:20:42
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 Minis...
FE Online Report 2020-06-11 18:11:03
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 the upcoming fiscal...
-- 2020-06-11 17:30:32
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 the proposed...
FE Online Report 2020-06-11 17:28:14
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 qu...
FE Online Report 2020-06-11 17:15:48
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 as stocks, mutual f...
FE Online Report 2020-06-11 17:09:56
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 bond market attractive t...
FE Online Report 2020-06-11 17:09:09
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...
FE Online Desk 2020-06-11 16:43:50
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 returns online for the first time. Finan...
-- 2020-06-11 16:29:39
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 Tk 5....
FE ONLINE REPORT 2020-06-11 15:28:34
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 unveili...
-- 2020-06-11 15:11:24
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 room of the...
FE ONLINE DESK 2020-06-11 14:59:21
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 cent of GDP,...
FE ONLINE REPORT 2020-06-11 11:41:33
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 kept the...
FE ONLINE REPORT 2020-06-11 10:43:42
The board of directors of Shahjalal Islami Bank Ltd has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019. The board has also decided to increase t...
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