MCCI applauds decision to reduce corporate tax rate by 2.5%
The Metropolitan Chamber of Commerce and Industry (MCCI) has applauded the government for the proposal in the new budget to reduce the corporate tax rate by 2.5 percent for unlisted companies and one-person companies01:59 8 June 2024
ADB approves $250mn loan for Social Resilience Programme in Bangladesh
The Asian Development Bank (ADB) today approved a $250 million policy-based loan to further strengthen Bangladesh’s social protection system01:54 8 June 2024
First human case of H5N2 bird flu died from multiple factors: WHO
A man infected with H5N2 bird flu, the first confirmed human infection with the strain, died from multiple factors, the WHO said Friday, adding that investigations were continuing01:46 8 June 2024
No reason to worry over bank borrowing targets: Ali
Finance Minister Abul Hassan Mahmood Ali on Friday said that there is no reason to worry over the target for bank borrowings in the proposed budget for the next fiscal year (FY25)01:41 8 June 2024
Govt will try to provide essentials at subsidized, fair prices to people: Ahsanul
State Minister for Commerce Ahsanul Islam Titu on Friday said that the government would try to continue providing essential items to common and low income group people at subsidized and fair prices through setting up permanent shops for the dealers of the Trading Corporation of Bangladesh (TCB)01:02 8 June 2024
CPD for enhancing market monitoring to get benefits from new budget
The Centre for Policy Dialogue (CPD) on Friday lauded some points of the proposed budget for fiscal 2024-25 (FY25), urging the government to enhance its market monitoring activities to ensure benefits for consumers from reduced taxes on some essential items in the proposed budget for the financial year 2024-25 (FY25)00:56 8 June 2024
Ali affirms inflation to decline in coming days
Finance Minister Abul Hassan Mahmood Ali on Friday affirmed the nation that inflation, which turned out to be one of the major challenges for the government, would come down in the coming days due to the steps and measures taken by the government00:50 8 June 2024
Budget given keeping world situation in mind: PM
Prime Minister Sheikh Hasina on Friday said the national budget for fiscal year 2024-25 was given keeping the current global situation in mind as the government wants to move ahead in a conservative way and fulfill the fundamental rights of people00:43 8 June 2024
Govt eyes 6.75% GDP growth in FY25
The government is eying attaining a GDP growth target of 6.75 percent in the next fiscal year (FY25) riding on pursuing all the prudent policy measures01:42 7 June 2024
Govt hopes to contain inflation at 6.5pc in FY25
The government is hoping to contain inflation at 6.5 percent in the next fiscal year (FY25) with the help of the policies and strategies adopted by the government01:36 7 June 2024
TK 2,211.95cr proposed budget for development of youth, Sports
Finance Minister Abul Hassan Mahmood Ali on Thursday proposed an allocation of Taka 2,211 crore 95 lakh for 2024-25 fiscal year (FY), which was Taka 688 crore 60 lakh and 34 thousand more than the current fiscal year, for the development of Youth and Sports01:29 7 June 2024
Agriculture sector gets TK 27,214cr in budget
Finance Minister Abul Hassan Mahmood Ali on Thursday proposed Taka 27,214 crore for the agriculture sector for 2024-25 fiscal year which is over Tk 2,091 crore less compared to the actual budget in FY2023-2401:22 7 June 2024
Corporate tax cut of 25% proposed
The government is all set to curtail corporate income tax by 2.5 percentage points in a bid to encourage compliance with a condition of promoting cashless transactions01:13 7 June 2024
Tk 41,407cr proposed for health sector
Considering the health sector as a priority, Finance Minister Abul Hassan Mahmood Ali on Thursday proposed an allocation of Tk 41,407 crore for the Health and Family Welfare sector in the next fiscal year 2024-202501:07 7 June 2024
Power and energy sector gets Tk 30,317cr in national budget for FY2024-25
Finance Minister Abul Hassan Mahmood Ali on Thursday proposed allocating Tk 30,317 crore for the Ministry of Power, Energy and Mineral Resources in the budget for FY 2024-2501:00 7 June 2024
Tax free income ceiling remains at Tk 3.5 lakh
The government has retained the tax-free income limit at Taka 3.5 lakh for individual taxpayers for the fiscal year (FY25)00:54 7 June 2024
PM leaves for New Delhi Saturday to attend swearing-in ceremony of Modi
Prime Minister Sheikh Hasina will leave Dhaka for New Delhi on Saturday to attend the swearing-in ceremony of Narendra Modi as the Prime Minister of India for a third consecutive term00:49 7 June 2024
Undisclosed money can be whitened by paying 15% tax
Taxpayers, including companies and firms, with undisclosed money (black money) in Bangladesh have again gained the scope to legalise their undeclared wealth without having to face any questions about the sources of their income in the next fiscal year00:44 7 June 2024
Tk 94,710 cr proposed for education in new budget
Finance Minister Abul Hassan Mahmood Ali on Thursday proposed an allocation of Taka 94,710 crore for education sector in the national budget for 2024-25 fiscal year (FY), which was Taka 88,162 crore in the revised budget for FY 2023-2400:36 7 June 2024
Prices of goods, services may go up, down
Prices of some products and services may go up and down following changes to tariff in the proposed budget (FY25) placed by Finance Minister A H Mahmood Ali in Jatiya Sangsad on Thursday00:31 7 June 2024
Ali outlines plans for ’Smart Bangladesh’ proposing Tk 7.97 lakh cr budget
Finance Minister Abul Hassan Mahmood Ali on Thursday placed a Taka 7,97,000 crore national budget for the coming fiscal with a prime focus on maintaining economic stability and augmenting steps to materialise the government`s "Smart Bangladesh" vision00:26 7 June 2024
Solar investment outstrips all other power forms: IEA
More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world`s top energy research body said Thursday12:14 6 June 2024
Asian markets track Wall St record as US jobs fuel rate cut hopes
Asian markets extended a surge on Wall Street Thursday as another round of soft US jobs data ramped up bets on the Federal Reserve cutting interest rates this year.12:09 6 June 2024
PM leaves for New Delhi tomorrow to attend swearing-in ceremony of Narendra Modi
Prime Minister Sheikh Hasina will leave Dhaka for New Delhi tomorrow to attend the swearing-in ceremony of Narendra Modi as the Prime Minister of India for a third consecutive term12:00 6 June 2024
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