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UNB 2021-06-03 22:36:05
Finance Minister AHM Mustafa Kamal proposed allocating Tk 5.87 billion for the cultural affairs ministry on Thursday, as part of his announcement of the FY22 budget. The allocation is Tk 80 million m...
UNB 2021-06-03 22:26:09
The allocation for defence in the budget for the FY22 has been increased by Tk28.49 billion from the outgoing fiscal year. Tk 376.91 billion has been proposed for the Defense Ministry and other servi...
-- 2021-06-03 21:15:01
The government has exempted the household appliance industry from Value Added Tax or VAT to ease the dependence on foreign goods. In the FY 2021-22 budget unveiled on Thursday, the government include...
-- 2021-06-03 21:00:12
The government has increased the allocation for the education sector in the national budget by 8.36 per cent to Tk 719.51 billion, but it remains almost unchanged in proportion despite the ripple effe...
FE Online Report 2021-06-03 20:26:09
The government is implementing projects to increase the housing facilities for its officials and employees from 8.0 per cent to 40 per cent, Finance Minister AHM Mustafa Kamal said in the proposed bud...
-- 2021-06-03 20:18:41
Tariffs on the import of feature phones are likely to rise in the FY22 budget as the government tries to protect the local mobile phone industry. Finance Minister AHM Mustafa Kamal proposed a hike in...
FE ONLINE REPORT 2021-06-03 20:18:15
Finance Minister AHM Mustafa Kamal proposed an extension of tax exemptions for six more IT-enabled services until 2024 at the parliament on Thursday. The services are cloud service, system integratio...
-- 2021-06-03 19:45:04
Bangladesh has expanded its social safety net programmes by increasing the budgetary allocation by 12.5 per cent in the fiscal year 2021-22 as part of the efforts to alleviate the plight of lower-inco...
-- 2021-06-03 19:12:02
The government plans to impose a 15 per cent tax on private universities, and medical, dental and engineering colleges, including the ones offering IT education, in the new fiscal year (FY22) starting...
-- 2021-06-03 18:57:02
Bangladesh has announced a 10-year tax exemption for ‘Made in Bangladesh’ brands in the year starting Jul 1. “The government is pledge-bound to nurture the ‘Made in Bangladesh...
UNB 2021-06-03 18:54:19
A substantial portion of the proposed 6.2 per cent of GDP budget deficit in the next fiscal will be met from the local sources, where a total of Tk 370.01 billion will be taken out from the savings ce...
UNB 2021-06-03 18:12:53
As Covid-19 has devastated normal life, Finance Minister AHM Mustafa Kamal proposed to allocate Tk 100 billion in the next fiscal year (FY22) to meet the emergency requirements to respond to the pande...
-- 2021-06-03 17:52:33
Finance Minister Mustafa Kamal is planning to keep the individual tax rate unchanged in the proposed national budget for the fiscal year 2021-22. The threshold of tax-free income was raised to Tk 300...
-- 2021-06-03 17:44:09
Bangladesh plans to push the price of cigarettes to reduce smoking and increase tax revenue. The minimum price for 10 sticks of low-tier cigarettes will be set at Tk 39, with a supplementary duty of...
FE ONLINE REPORT 2021-06-03 17:06:38
Stocks extended their winning streak on Thursday as investors went on buying spree just ahead of unveiling the national budget. DSEX, the benchmark index of the Dhaka Stock (DSE), went up by 34.42 po...
-- 2021-06-03 17:05:51
Bangladesh has set a 7.2 per cent GDP growth target for the new fiscal year starting July 01 amid a second wave of coronavirus infections that is sweeping across the country. In order to implement th...
-- 2021-06-03 16:44:32
Finance Minister AHM Mustafa Kamal has recommended an array of cuts to the current corporate tax rates in the proposed budget for fiscal 2021-22. In an effort to boost the ratio of private investment...
FE ONLINE REPORT 2021-06-03 16:43:56
Finance Minister AHM Mustafa Kamal has proposed to make necessary amendments in the rules and to reduce VAT on paper cone manufacturing from 15 per cent to 5.0 per cent in the budget for the next fisc...
FE Online Report 2021-06-03 16:17:03
Finance Minister AHM Mustafa Kamal has proposed to continue 1.0 per cent additional export incentive for the country's readymade garment (RMG) sector in the next fiscal year (FY22). The government st...
FE ONLINE DESK 2021-06-03 16:01:23
Bangladesh has been able to achieve a real GDP growth of 5.2 per cent, which is the highest in Asia, in the outgoing fiscal year (FY) 2020-2021. Finance Minister AHM Mustafa Kamal unveiled this while...
-- 2021-06-03 15:58:25
Bangladesh aims to keep the average inflation rate at 5.3 per cent in fiscal 2021-22 as part of the efforts to prevent a price spiral amid the coronavirus pandemic. The inflation target was set out i...
-- 2021-06-03 15:50:57
Bangladesh plans to set aside Tk 100 billion in the coming fiscal year to meet expenses related to unanticipated emergencies due to the COVID-19 pandemic. The amount is consistent with that of the cu...
FE ONLINE DESK 2021-06-03 15:21:20
The government has unfurled the national budget for the next fiscal year (FY) 2021-22. Finance Minister A H M Mustafa Kamal placed the budget titled 'Jibon jibikar pradhanya diye sudriro agamir pothe...
-- 2021-06-03 14:55:03
The Cabinet at a special meeting on Thursday approved the proposed 50th national budget for the fiscal year 2021-22, seeking to revive the pandemic-hit economy, UNB reports. Prime Minister Sheikh Has...
FE ONLINE REPORT 2021-06-03 10:59:17
The market opened sharply higher on Thursday as investors are putting fresh bets on stocks amid budgetary expectations. Finance Minister AHM Mustafa Kamal is set to unveil the national budget for the...
FHM HUMAYAN KABIR 2021-06-03 09:23:17
Bangladesh's debt servicing to overseas lenders is rising year-on-year, as the government opts for higher hard-term borrowing in recent years, analysts said on Monday. The debt servicing against di...
MONIRA MUNNI 2021-06-03 08:31:43
Bangladesh's unemployment rate increased by 1.1 per cent to 5.3 per cent in 2020 mainly due to the Covid-19 pandemic that created a labour market crisis globally, according to a new assessment by th...
SIDDIQUE ISLAM 2021-06-03 08:25:05
The government is likely to set its borrowing target from the banking system at over Tk 760 billion to finance the budget deficit in the next fiscal year (FY), officials said. The bank borrowing fo...
JASIM UDDIN HAROON 2021-06-03 08:07:28
The government unfurls the national budget for the next fiscal year (FY), 2021-22, today (Thursday), prioritising Covid-19, health sector, social safety-net and agriculture. Finance Minister A H M Mu...
FE ONLINE REPORT 2021-06-02 18:01:02
The benchmark index of the Dhaka Stock (DSE) surpassed the ‘psychological’ threshold of 6,000-mark again on Wednesday as investors went on late hours buying spree on financial stocks. Aft...
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