Tuesday, 26 Nov, 2024

National

Budget size kept small in bid to reduce inflation: Finance Minister

Finance Minister Abul Hasan Mahmud Ali expressed his optimism about coming down of inflation by the end of this year adding government kept the budget size small, so that pressure on the product prices reduce. The minister said this in response to a question from reporters at the

Nayeemul Islam Khan appointed as PM’s Press Secretary

Nayeemul Islam Khan has been appointed as Press Secretary to Prime Minister Sheikh Hasina. A gazette notification was issued in this regard by the Ministry of Public Administration, on Thursday (June 6). According to notification, Nayeemul Islam Khan has been contractually appointed

Proposed budget inadequate to deal ongoing crisis: CPD

Centre for Policy Dialogue (CPD), on Friday (June 7) claimed that the ongoing issues of the country cannot be dealt with this proposed budget. CPD Executive Director Dr Fahmida Khatun remarked in a post-budget briefing at the Bangabandhu International Conference Center (BICC) in Dhaka.

Light to moderate rain likely over parts of Bangladesh 

Light to moderate rain or thundershowers accompanied by temporary gusty wind is likely to occur at most places over Mymensingh and Sylhet and at many places over Rangpur and Chattogram divisions. "Light to moderate rain or thundershowers accompanied by temporary gusty wind is

MP Azim Murder: Nepal extradited key suspect Siyam to India 

A Bangladeshi citizen accused in the murder case of Bangladeshi MP Anwarul Azim Anar has been extradited to India by Nepal Police. Nepal police handed him over to Indian authorities on Monday.  A Nepal Police source said that he was sent to India by land. Nepal Police apprehended

Dhaka endorses Washington initiative for lasting peace in Gaza

Bangladesh has expressed support for the initiative put forward by the United States of America (USA) to achieve a ceasefire, release of hostages and restoration of peace in the Gaza strip. Bangladesh supported the foreign ministers of Saudi Arabia, Jordan, the UAE, Qatar, and Egypt to

PM pays homage to Bangabandhu on historic Six-Point Day

Prime Minister Sheikh Hasina today (June 7) paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his portrait in front of Bangabandhu Memorial Museum at Dhanmondi here on the occasion of the historic Six-Point Day. After laying the wreath

Tk100cr allocation proposed for fighting climate crisis

Finance Minister Abul Hassan Mahmood Ali has proposed a special allocation of Tk 100 crore for climate change and environmental protection in the national budget for the fiscal year 2024-25. He said: "Bangladesh is among the countries most vulnerable to the effects of climate

No more duty-free privilege of MPs on importing cars

Finance Minister Abul Hasan Mahmood Ali today (June 6) proposed canceling the duty-free privilege of lawmakers on importing cars. If approved, they will have to pay a 25 percent import duty on imported cars. In the 2024-25 fiscal budget speech, the finance minister said, "If

Budget FY25: Tax-free income limit Taka 3.5 lakh for individual

The government has retained the tax-free income limit at Taka 3.5 lakh for individual taxpayers for the fiscal year (FY25). "I propose to keep the tax-free income thresholds of natural individual taxpayers and firms unchanged for the financial year (FY) 2024-25," said Finance

Tk 7, 97,000cr national budget for FY25 placed at JS

Finance Minister Abul Hassan Mahmood Ali today (June 6) placed the national budget of Tk 7, 97,000 crore for the next fiscal year (FY25) at Jatiya Sangsad (JS). This budget was the country's 53rd budget and the 25th of the Awami League (AL) government in six terms. This budget

Appoint receiver for Benazir family's properties: Court

A Dhaka court today (June 6) ordered the appointment of an official receiver or administrator for the immovable properties of former Inspector General of Police (IGP) Benazir Ahmed, his wife Jissan Mirza and their three daughters.   Dhaka Metropolitan Sessions Judge Mohammad

Budget FY2024-25: Products getting costlier, cheaper

The budget for the fiscal year 2024-25 proposes hikes in duties and value-added tax (VAT) on various products and services, leading to price increases. In contrast, some products will become less expensive due to VAT and duty reductions. Products to become costlier Mobile SIM cards:

Budget FY24-25: Ali raises phone call, internet supplementary duty

Finance Minister Abul Hasan Mahmud Ali during the proposed budget announcement increased supplementary duty on mobile phone calls and internet services. Effective immediately, the supplementary duty has been raised by 5 percent, bringing the total VAT on talk time and internet services

Budget FY24-25: Ice cream, soft drinks to get costlier

The prices of ice cream and carbonated beverages are all set to see a hike as the government wants to raise supplementary duty (SD) by 5 percentage points on the two food items. The government proposed increasing the SD on ice cream to 10 percent from the existing 5 percent and making

One gets life term for killing ex UP chairman in Khulna

A Khulna court today (June 6) pronounced life-term imprisonment to a youth for killing Khan Zahid Hasan, ex-chairman of Fakirhat Sadar Union of Bagerghat, and his driver Munna on May 18, 2013. The court also acquitted 11 others as charge against them could not be proved. Tasnim

Budget FY24-25: Rice, oil, sugar, powder milk price to reduce

The government today (May 6) in the proposed budget reduced duty on the import of several products. Finance Minister Abul Hassan Mahmood Ali placed the 53rd national budget of Tk 7, 97,000 crore for the next fiscal year (FY25) at Jatiya Sangsad (JS). Mahmood Ali will presented the

Budget FY24-25: Govt aims 6.75% GDP growth, 6.5% inflation

The government has set targets to achieve a 6.75% gross domestic product (GDP) growth and keep the average inflation rate at 6.5% in the fiscal year 2024-25. Finance Minister Abul Hassan Mahmood Ali disclosed the targets at the Jatiya Sangsad on Thursday while placing the proposed

Mahmood Ali placing national budget for FY25 at JS

Finance Minister Abul Hassan Mahmood Ali placing the national budget of Tk 7, 97,000 crore for the next fiscal year (FY25) at Jatiya Sangsad (JS) today (June 6). This budget is the country's 53rd budget and the 25th of the Awami League (AL) government in six terms. This budget will

2 killed in Gazipur road accident

Two people were killed and a woman was injured in a collision between a bus and an auto-rickshaw in Nalchata area of Kaliganj upazila of Gazipur. The accident took place on the Tongi-Ghorasal bypass road on Thursday (June 6) noon. However, the deceased and injured could not be