The National Economic Council (NEC) on Tuesday approved a Tk 245,000-crore revised Annual Development Programme (ADP) for the current fiscal year of 2023-2024 (FY24), slashing the original ADP by Tk 18,000 crore. The approval came from a NEC meeting presided over by its chairperson and Prime Minister Sheikh Hasina at the
Tag: FY24
$72b export target set with 11.52pc growth for FY24
Govt ponders scrapping Tk2,000 minimum tax
The much talked-about Tk2,000 minimum tax for all may be cancelled ahead of approving the national budget for FY24. Instead, the amount would be adjusted against tax at source during return filing as citizens already pay taxes at source, officials said. They also said that the proposed provision would not be brought
Budget FY24 designed to plunder national wealth: BNP
Terming the national budget for FY23-24 as anti-people and deceptive, BNP on Wednesday said it has been designed to loot several billion dollars of national wealth under the shelter of a corrupt regime. Speaking at a press conference, party's Secretary General Mirza Fakhrul Islam Alamgir also said it will not be
Kamal unveils Tk 761,785cr national budget for FY24
GDP growth targeted at 7.5 while keeping inflation low Finance Minister AHM Mustafa Kamal Thursday placed a Tk 761,785 crore national budget for the next fiscal year (FY24) targeting a 7.5 percent GDP growth with an expectation of keeping annual inflation at around 6.0 percent. “Inspired by the patriotism of Prime Minister
Govt targets 7.5pc GDP growth in FY24
Minister to place Tk 7.61 lakh cr budget for FY24 on June 1
Finance Minister AHM Mustafa Kamal will place a national budget of over Taka 7.61 lakh crore for the next fiscal year (FY24) at the Jatiya Sangsad on June 1 (Thursday) with a major focus on containing inflation, generating jobs, efforts towards building a ‘Smart Bangladesh’ and addressing the challenges of
Govt eyes 5,000cr more non-tax revenue in FY24
The government aims to realize Tk50,000 crore as non-tax revenue (NTR) in the next FY24, up by Tk5,000 billion from the current FY23. In the current budget, the target is set at Tk45,000 crore, while it was later revised down to Tk40,000 crore, according to officials. his rise is supported by recent
NEC okays Tk 2.63 lakh cr original ADP for FY24
The National Economic Council (NEC) Thursday approved a Taka 2.63 lakh crore original ADP for the next fiscal year (FY24) making highest allocation of Taka 75,945 crore (28.88% of allocation) in the transport and communication sectors. The approval came from a meeting of the NEC held today with its chairperson and