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Dhaka Tribune

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Finance Minister AHM Mustafa Kamal and Prime Minister Sheikh Hasina jointly unveiled the Tk5,23,190 national budget proposal for FY2019-20 in parliament on Thursday, June 13, 2019

Update : 14 Jun 2019, 11:45 AM

More futuristic, than realistic

Hope for boosting investment, employment lacks direction

Money whitening facility proposed

Prices up, prices down

FY20 budget aims to achieve 8.2% GDP growth

Tk2,02,721cr ADP in FY20 budget

Tax threshold, corporate tax remain unchanged

New VAT to be effective from July 1

Highest allocation for public admin, lowest for industrial-economic services

Inflation projected at 5.5% in FY20

An ambitious 10% poverty reduction estimated in the proposed budget

Government proposes hike of duty on rice bran exports

Govt allocates Tk 25,732cr for health sector in budget

Government proposes making lifesaving gases cheaper

Education sector to see increase of Tk13,213cr

Imported sugar to cost more

Smartphone prices to go up

Gold import cost to come down

Apparel sector gets 1% cash incentive

Tobacco prices to go up

Govt proposes up to 29% tax cut to boost housing

Govt to inject another Tk1,500cr into state-owned banks

Govt to amend Bank Company Act

Tk61,455cr allocation for communication infrastructure

Government mulls 230 projects under a 30-year plan for railways

Marriage media, astrologers to come under VAT net

Military spending increases slightly

Law enforcement agencies to get a giant chunk

ACC gets Tk140cr to strengthen fight against graft

Private car owners to pay more for BRTA services

EC given development budget little over 5 times what they had last year

Govt to form ‘Universal Pension Authority’, payment through EFT

14 mega projects get Tk45,140 crore

Tk23,749cr budget proposed to tackle climate change

Tk 1,650 crore proposed for Law and Justice Division

Freedom fighters' allowance to be increased

Tk100cr proposed allocation to promote start-up enterprises

Import of essential goods continues to enjoy zero import duty

Expatriates to receive 2% incentive on remittance, get insurance facility

Social safety net programs to widen and increase in FY20

Chartered helicopter flights to cost more

More schools to be added to MPO list

Incentives for capital market: Raising tax-free dividend income limit for stock investors

Agriculture sector allocation sees percentage decrease again in FY20

Budget for children increased

Separate lanes, directional signals on highways to improve road safety

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