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The National Budget is the annual financial statement of Bangladesh; an estimate of income and expenditure of the government on a periodical basis. Under Article 87.(1) of the Constitution of Bangladesh, it is a compulsory task of the government. [2] Upon achieving independence, the first budget of Bangladesh was presented by Tajuddin Ahmad. [3]
This was the 51st national budget of Bangladesh. [2] Former ministers of finance AMA Muhith and Saifur Rahman presented 12 budgets each for their respective governments, the highest number in Bangladesh's history. [4] The 2022 budget was the 51st in the nation's history and the 23rd budget to be presented by an Awami League-led government. [4]
In his initial budget for the 1982-83 fiscal year, which totaled ৳4,738 crore, Muhith raised the tax-free income limit to ৳20,000 and introduced a dearness allowance for public servants. In the following fiscal year, he presented a larger budget of ৳5,896 crore, marking a notable increase. During this period, Muhith also introduced a new ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 18 December 2024. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
The qualified dividend tax rate for tax year 2024– filing in 2025– is either 0%, 15% or 20%. These rates are influenced by your tax bracket, which is determined by your filing status and ...
A Bangladesh Power Development Board official said that while paying such a large sum all at once is not feasible, the government plans to significantly increase its monthly payments to Adani ...
Increase exports earnings to $330 billion. Bangladesh exported a total of $65 billion in FY 2022-23 compared to $52 billion in FY 2021/22. Increase life expectancy to 80 years. Extend universal health care to 75% of the population. Increase adult literacy rate to 100% by 2031. Free education for up to 12 years.
a reduction of the corporate income tax rate for companies in the readymade garments sector to 15 percent (from 20 percent) a further 1 percent rate reduction (to 14 percent) for companies in the readymade garments sector that have an internationally recognized green building certificate. Certain companies remain taxed at different rates.