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Finance minister hints at retaining option to legalise untaxed money


 
Senior Correspondent, bdnews24.com 
Published: 04 Jun 2021 08:29 PM BdST
Updated: 04 Jun 2021 08:29 PM BdST
AHM Mustafa Kamal has hinted that the government may retain the provision to legalise undisclosed income by paying taxes at certain rates later because now it lacks data on the outcome of the option kept in the budget for the outgoing fiscal year ending Jun 30.
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The finance minister faced questions about the issue at a virtual post-budget news conference for the fiscal 2021-22 on Friday after he unveiled the outlay a day earlier without the option.
He said the government would review the option after gathering the data. ....

Black-money , Undisclosed-income , Untaxed-income , Orruption , Bangladesh-budget , Udget-fy2021-22 , Y-2021-22-budget , Pandemic-budget , Budget-bangladesh , Angladesh-and-budget , Budget-2020-21

Bangladesh allocates Tk 100bn for emergency response to pandemic


 
Staff Correspondent, 
bdnews24.com
Published: 03 Jun 2021 03:32 PM BdST
Updated: 03 Jun 2021 03:32 PM BdST
A health worker taking a swab sample from a woman for COVID-19 test at a booth run by the Directorate General of Health Services and BRAC at the Islamic Foundation in Dhaka’s Agargaon on Monday, May 31, 2021. Photo: Asif Mahmud Ove
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.
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The amount is consistent with that of the current fiscal year’s budget, but needs to be maintained because the coronavirus continues to ravage the world, said Finance Minister AHM Mustafa Kamal during his proposal of the fiscal 2021-22 budget on Thursday. ....

Bangladesh , China , Mustafa-kamal , Johns-hopkins-university , World-bank , Asian-infrastructure-bank , Asian-development-bank , Finance-minister , Asian-infrastructure , Minister-kamal , Pandemic-preparednes , Emergency-assistance