Budget for FY22 to attract investments, create employments, protect livelihood: Kamal bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Legalising black money: Kamal drops hints of continuation
Staff Correspondent
Staff Correspondent
The controversial move to legalise untaxed money with ease, which was absent in Finance Minister AHM Mustafa Kamal s proposed fiscal measures for the next financial year, might continue, after all. If [the step] is profitable, we will try to continue it. We will see one more month before taking any decision, Kamal said at a post-budget media briefing yesterday.
The option to legalise untaxed income was always present in some form but in June last year, Kamal had expanded the ambit for it.
At present, black money can be whitened by investing it in any sector and without facing any questions on the source of the funds. This opening is due to close at the end of the current fiscal year on June 30.
A budget that forgot new poor exists
Says the CPD in its analysis of the proposed outlay for fiscal 2021-22
Staff Correspondent
Staff Correspondent
Expectations were high that the proposed budget for fiscal 2021-22 would address the hardships of the sizeable population of new poor created by the pandemic.
But it failed on that count, said the Centre for Policy Dialogue yesterday. We have not seen any measure that will have any direct impact on the new poor, said Mustafizur Rahman, a distinguished fellow of the CPD, at a media briefing to disclose the think-tank s analysis of the Tk 603,680 crore budget announced by Finance Minister AHM Mustafa Kamal on Thursday.
Staff Correspondent, bdnews24.com Published: 03 Jun 2021 03:46 PM BdST Updated: 03 Jun 2021 03:46 PM BdST Stores and shopping malls at Mirpur-1 reopen in the lockdown on April 25, 2021 as the government lifts pandemic restrictions on them. Photo: Asif Mahmud Ove
Bangladesh aims to keep the average inflation rate at 5.3 percent in fiscal 2021-22 as part of the efforts to prevent a price spiral amid the coronavirus pandemic. ); }
The inflation target was set out in the proposed budget for FY22 tabled by Finance Minister AHM Mustafa Kamal in parliament on Thursday.
The inflation rate, a key economic indicator, was capped at 5.4 percent in the current fiscal year.