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Germany ready to ditch balanced budget in case of recession

Germany ready to ditch balanced budget in case of recession

Germany's right-left coalition government would be prepared to ditch its balanced budget rule and take on new debt to counter a possible recession,...
Saving certificates are for small investors, not tax evasion

Saving certificates are for small investors, not tax evasion

The objective of the government's saving certificates was to create scope for lower income people to invest, to have an alternative source of...
‘BNP is the only opposition in parliament’

‘BNP is the only opposition in parliament’

The 11th Jatiya Sangsad (national parliament) has almost completed six months and the budget session is over. BNP assistant secretary for...
No repairs of roads and highways

No repairs of roads and highways

The budget speech spoke of a commitment to strengthen the country’s communication infrastructure. With the goal of becoming a developed...
10pc flat tax rate on all savings certificates

10pc flat tax rate on all savings certificates

Both the new and old buyers of savings certificates will have to pay the source tax on the profit at a flat rate of 10 per cent, clarified the...
Parliament passes Tk 5,231b national budget for 2019-20 FY

Parliament passes Tk 5,231b national budget for 2019-20 FY

Parliament on Sunday passed the Tk 5,231.90 billion (Tk 523,190 crore) national budget for the fiscal year 2019-20, themed as 'Bangladesh on a...
Parliament passes Finance Bill correcting clerical errors

Parliament passes Finance Bill correcting clerical errors

Parliament on Saturday passed the Finance Bill 2019 with some changes in the proposals over the capital market, VAT and handloom industry that the...
PM Hasina says budget to benefit everyone

PM Hasina says budget to benefit everyone

Prime minister Sheikh Hasina on Saturday described the proposed budget for FY 2019-20 as people-friendly, development-oriented and balanced one,...
Education gets the highest allocation but ...

Education gets the highest allocation but ...

The highest allocation has been proposed for the education sector in the upcoming budget of the 2019-20 fiscal. The credit for such an increase...
'Budget lacks accountability, democratic practice'

'Budget lacks accountability, democratic practice'

The speakers at a roundtable on Friday called for an urgent and complete overhaul of the budget system to attain the nation's desired goal in line...
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