Corporate

Collection targets Tk4,33,000 cr Minto Poddar: For the first time the revenue collection target has not been reduced in the supplementary budget, Finance Minister AHM Mustafa Kamal said.“The growth of the revenue collection till March 2022 of the current fiscal year is 19.43%. Considering this satisfactory growth of revenue collection,…

Mahfuja Mukul, Mahfuz Emran, Arun Sarker: Finance Minister AHM Mustafa Kamal has placed Tk6,78,064 crore national budget for FY2022-23 at JatiyaSangsad according top priority to safeguarding marginal people from inflation fueled by the Russia-Ukraine conflict.This is the fourth budget of the third consecutive term of the government led by Prime…

Staff Correspondent: The government has proposed to provide 30 kg of rice as food assistance to 50 lakh low-income families through OMS at an increased rate of Tk15 per kg under the new budget for the fiscal year 2022-23.“We will continue this (OMS) programme in the FY2022-2023. In the lean…

Staff Correspondent: The government has fixed a 7.5 percent GDP growth target for the fiscal year 2022-23. Finance Minister AHM Mostafa Kamal said this while presenting a proposed budget of Tk 6,78,064 crore for FY 2022-23 in Jatiya Sangsad on Thursday. He said, “We hope a 7.24 percent GDP growth…

Staff Correspand: The amount of deficit in the proposed budget for the fiscal year 2022-23 will stand at Tk 2,45,064 crore which accounts for 5.5 percent of the country’s total GDP.  The deficit will be met from domestic and foreign sources, Finance Minister said this while placing a proposed budget…

Staff Correspondent: The budget session of the fiscal year 2022-23 will begin at the parliament today (June 5). The current parliament is likewise in its18th session.According to sources at the parliament secretariat, Finance Minister AHM Musfataf Kamal will present the budget for FY 2022-23 on June 9.Although the budget session…

Industry Desk: The government should include competitive benefits for foreign investors in the upcoming budget to transform Bangladesh into a regional hub for electronic manufacturing, said a leader of Bangladesh-China Chamber of Commerce and Industry (BCCCI).“We have a good geographic location close to two major economies (India and China). If…

Staff Correspondent: An observation meeting on the mobile application ‘Machhgari’ for fish transportation being implemented by Worldfish under the USAID-funded Feed the Future Bangladesh Aquaculture and Nutrition Activity project was held at the Ministry of Fisheries and Livestock on Tuesday (May 31, 2022).Secretary of the Ministry of Fisheries and Livestock…

Despite 40pc short of collection Mahfuja Mukul: According to the Ministry of Finance and the Board of Revenue, the revenue collection target is being increased in the budget of the new financial year as always. This time too there is an opportunity to whiten the black money, although in the…