Archive for June 6th, 2014

Illegal govt’s budget unacceptable to people: Amir Khasru

BNP chairperson’s adviser Amir Khasru Mahmud Chowdhury on Friday said the budget for fiscal year 2014-15 placed by an ‘illegal regime’ will not be acceptable to people…

June 6, 2014 · 0 comments · National, Politics

Muhith attributes ambitious budget to recent achievements

Finance minister AMA Muhith in his post-budget remarks on Friday said he prefers presenting ambitious national budgets because of the excellent achievements in recent fiscal years…

June 6, 2014 · 0 comments · National, Politics

Hanif hits back at Fakhrul over budget remarks

Awami League joint general secretary Mahbubul Alam Hanif on Friday criticised BNP acting secretary general Mirza Fakhrul Islam Alamgir for calling ‘illegal and unethical’ the placing of the national budget for…

June 6, 2014 · 0 comments · National, Politics
New budget a luxury of target: CPD

New budget a luxury of target: CPD

Centre for Policy Dialogue, a social think-tank, on Friday termed the proposed budget for next fiscal 2014-15 a ‘luxury of target’, saying it will be impossible to archive 7.3 percent GDP growth if political stability is not ensured and private investment is not increased to 25 percent of the GDP…

June 6, 2014 · 0 comments · National

40 accused held in Ctg

Police in an overnight drive arrested 40 people accused in different types of cases from several parts of Satkania and Lohagara upazilas on…

June 6, 2014 · 0 comments · National

Suspected mugger lynched in Gazipur

A suspected mugger was killed in a lynch-mob attack at Tongi Station Road in sadar upazila early Friday…

June 6, 2014 · 0 comments · National

Merkel, Putin begin meeting in northern France

German Chancellor Angela Merkel and Russian President Vladimir Putin held talks in northern France on Friday on the sidelines of ceremonies to mark the 70th anniversary…

President condoles Mahbubul Alam’s death

President Abdul Hamid on Friday expressed deep shock at the death of Mahbubul Alam, an ex-caretaker government adviser and also former Editor of Daily Independent…

June 6, 2014 · 0 comments · National

BCIM-EC to stimulate greater BD-China cooperation: PM

Terming China a good development partner of Bangladesh, prime minister Sheikh Hasina on Friday expressed her firm belief that the Bangladesh-China-India-Myanmar Economic Corridor (BCIM-EC) would stimulate greater cooperation between the two countries once it is implemented…

June 6, 2014 · 0 comments · National
Muhith widens taxes in high-deficit budget

Muhith widens taxes in high-deficit budget

The finance minister, Abul Maal Abdul Muhith, in the parliament on Thursday proposed a budget of Tk 2,50,506 crore for the 2015 financial year, with a deficit of Tk 67,552 crore, or 5 per cent of the gross domestic product, which could go up as resource mobilisation looks ambitious…

Prices up, prices down

Prices of most of the commodities will come down in the next fiscal year while some items will be costlier because of tax measures proposed in the budget for fiscal year 2014-15…

June 6, 2014 · 0 comments · Front Page, National, TOP STORIES

Money legalisation facility to continue

The government decided to continue the opportunity of legalising undisclosed money through investment in different income generating sectors, and purchasing residential apartments and land in the coming fiscal year…

June 6, 2014 · 0 comments · Front Page, National, TOP STORIES

Padma bridge gets highest allocation

Finance minister AMA Muhith took less than 150 words to describe the present status of the Padma Bridge project that was proposed to receive the highest allocation of Tk 8,735 crore in the new budget…

June 6, 2014 · 0 comments · Front Page, National, TOP STORIES

Myanmar says to continue army deployment

The Myanmar authorities on Thursday turned down Bangladesh’s request not to deploy army to the bordering areas and said that they would continue deployment of their army troops…

June 6, 2014 · 0 comments · Front Page, National, TOP STORIES

Payment of Tk 25,000 house rent through bank to be made mandatory

The government on Thursday proposed a significant increase in the rate of advance income tax on transfer of land and apartments in the country to prevent tax evasion through undervaluation of price in transfer of property and to make a mandatory system for house owners in receiving house rent amounting more than Tk 25,000 through banks…

June 6, 2014 · 0 comments · Front Page, National

Tax-free income limit for women raised

The government on Thursday proposed to increase the tax-free income limit for women, senior citizens aged above 65 years and war-wounded freedom fighters and the rate of surcharge on net assets of rich people in the next budget…

June 6, 2014 · 0 comments · Front Page, National

Health relegated in proposed budget

The national budget for the coming fiscal proposed an allocation of 4.45 per cent of the total budget outlay for the health and family welfare sector down from last fiscal’s 4.60…

June 6, 2014 · 0 comments · Front Page, National

Economists term budget beyond govt’s implementation capacity

Economists on Thursday termed the proposed budget for fiscal year 2014-15 ‘impracticable’ and ‘unrealistic’ saying that the size of revenue collection target and annual development programme was higher than the implementation capacity of…

June 6, 2014 · 0 comments · Front Page

Defence allocation goes up

The government’s budget for fiscal 2014-15, beginning July 1, has proposed increasing defence spending to Tk 16,462 crore up from outgoing fiscal’s Tk 14,458 crore…

June 6, 2014 · 0 comments · Front Page, National

Modi picks Bhutan for first foreign visit

Indian prime minister Narendra Modi will make his first visit out of the country to Bhutan and he will meet US president Barack Obama in September, reported Reuters and Press Trust of India…

June 6, 2014 · 0 comments · Front Page, National

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