Revenue collection Hefty target to burden people: MCCI
The Metropolitan Chamber of Commerce and Industry on Friday expressed its concern that the higher revenue target set in the proposed budget for the financial year 2019-20 would put excessive pressure on the existing taxpayers.
Allocation in agriculture declines
Allocation to the agriculture sector in the national budget proposals for the next fiscal declined in percentage of the total outlay compared to the budget for the outgoing fiscal.
Power and energy sector receives Tk 28,051cr
The power and energy sector has received Tk 28,051 crore for the coming fiscal 2019-20, up by 2,451 crore from Tk. 26,502 crore in FY2018-19.
New budget won’t spark price spiral: finance minister
Finance minister AHM Mustafa Kamal on Thursday said there was no component in the budget for the 2019-2020 fiscal year which might cause a price spiral of essential commodities.
Budget Implication: Prices to go up and down
With the announcement of the proposed budget for the upcoming fiscal year (2019-’20), a number of products are expected to see fluctuation in prices both upward and downward.
Health sector allocation goes up
Finance minister AHM Mustafa Kamal on Thursday proposed 5.63 per cent of the total budget outlay for health services and family welfare sector for fiscal year 2019-20, which was 5 per cent in the outgoing budget.
Trump says he would accept dirt on political rivals from foreign governments
President Donald Trump says he would listen if a foreign government approached him with damaging information about a political rival -- and wouldn't necessarily report the contact to the FBI.
Hong Kong protests: Two people in serious condition as legislature on lock down
At least two people are in serious condition in Hong Kong hospitals after a long day and night of violence between police and protesters.
Easter bombers on Sri Lanka payroll: Muslim leader
The Islamic extremists behind Sri Lanka’s deadly Easter bombings received funding from state intelligence services, a top Muslim leader told a parliamentary investigation.
Kamal unveils first budget plan today
The finance minister, AHM Mustafa Kamal, is set to propose the national budget of about Tk 5,23,191 crore for the next financial year in parliament today amid challenges of higher revenue generation and improving capacity to check big discrepancy between projection and implementation.
