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Direct tax collections grow 24.26% to Rs 8.77 lakh cr in FY23: Finance Ministry

The Budget estimate for direct tax collection at Rs 14.20 lakh crore in this fiscal, higher than Rs 14.10 lakh crore in FY22. Tax on corporate and individual income makes up for direct taxes.

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Legalising laundered money to cost even less

The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.

Bangladesh , Bangladeshi , Mustafa-kamal , Transparency-international-bangladesh , Laundered-money-legalisation , Egalisation-laundered-money , Udget-proposals , Ax , Udget-2022-23 , Inance-minister , Hm-mustafa-kamal , Inance

Now laptops to be more expensive

Laptop price hike: Laptop users in Bangladesh are set for a bigger hit as the imposition of a 15 percent value-added tax at the import stage of the essential digital device would lift the Laptop prices further.

Bangladesh , Dhaka , Ahmed-hasan , Subrata-sarkar , Liakat-ali , Robiul-islam , Fahim-mashroor , Wahid-sharif , Debapriya-bhattacharya , Bangladesh-association-of-call-center , Centre-for-policy-dialogue , Bangladesh-bank

Budget failed middle class

The proposed national budget has not safeguarded the country's middle class, which is facing a three-pronged challenge of a discriminatory domestic economy, spiralling product prices in international markets and ongoing floods, said economist Debapriya Bhattacharya yesterday.  

Bangladesh , Singapore , Dhaka , Sylhet , Debapriya-bhattacharya , International-monetary-fund , National-budget , Transparency-international-bangladesh , Bangladesh-at-brac-centre-inn , Centre-for-policy-dialogue , Policy-dialogue , Brac-centre-inn

Senate body abolishes custom duties on bulletproof vehicles for CPEC

A Senate body approved abolishing custom duties on the import of bulletproof vehicles for Chinese staff working on CPEC project.

China , Pakistan , Islamabad , Karachi , Sindh , Chinese , Haq-kakar , Li-keqiang , Shehbaz-sharif , Senate-on-finance , China-pakistan-economic-corridor , Prime-minister-shehbaz-sharif

Kamal firm on allowing legalising laundered money

Finance Minister AHM Mustafa Kamal today said he will not backpedal from his decision to allow legalising laundered money in the upcoming fiscal year despite growing criticism. 

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Stocks tumble despite corporate tax cuts

The domestic stock market took a dive yesterday, the first trading session since Finance Minister AHM Mustafa Kamal proposed the national budget for the fiscal year of 2022-23 in parliament on Thursday.

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Govt cuts food budget

The government has cut its target on food distribution, which supports poor and low-income people, by 5 per cent to 30.95 lakh tonnes in the next fiscal year from the revised budget of 2021-22, finance ministry documents showed.

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Does budget 2022-23 address inflation properly?

The national budget for the fiscal year 2022-23 was proposed to the parliament on June 9 by the finance minister. But how well did this budget take into accound the current inflationary situation of Bangladesh's economy?

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