Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD), said the government has imposed 15 percent tax on black money and 30 percent on legitimate income in the budget. This is in no way acceptable. Budget reprimands honest taxpayers and rewards those with black money, she added. Fahmida Khatun said this at a post-budget press conference at Bangabandhu International Conference Center in the capital on Friday (June 7).  Finance Minister Abul Hasan Mahmud Ali presented the national budget for 2024-25 fiscal year in the parliament on Thursday (June 6). 'It is not be possible to achieve the revenue targets, inflation and GDP growth targets announced in the budget,' Fahmida Khatun said. The CPD executive director also said that the Awami League's election manifesto clearly states that the government will have zero tolerance against the corrupt. But in the budget, the tax rate has been reduced in an attempt to bring the mischievous including tax and loan defaulters into the economy. This is completely contradictory to the election manifesto of Awami League.

The Jatiya Sangsad has passed a supplementary budget of Tk 37,817 crore 40 lakh 57 thousand for the current fiscal year 2023-24. Finance minister Abul Hasan Mahmood Ali placed the appropriation (Supplementary) Bill, 2024 in the parliament. The bill later passed by voice vote. The supplementary bill was introduced to give the authority to allocate and specify more than the amount sanctioned from the Consolidated Fund for the execution of the activities of the fiscal year ending June 30. The finance minister moved three bills to pass the supplementary budget in the House following a general discussion on it  on Monday (June 10). A total of 51 demands for grants were placed in the House on Monday  (June 10) to appropriate the allocations for different ministries, divisions and institutions around the country. In the original budget of the current fiscal year, Tk 7,61,785 crore was allocated in favor of 62 ministries and divisions. In the revised budget, the allocation for 22 ministries and divisions has been increased by Tk 37,817 crore. The budgets of 40 ministries and divisions remained unchanged or decreased. Overall, the revised budget has been reduced by Tk 47,367 crore to Tk 7,14,418 crore.

Finance Minister Abul Hasan Mahmud Ali is presenting the national budget for 2024-25 fiscal year in the third session of the 12th Jatiya Sangsad. The finance minister started his budget speech titled 'Pledge to build a happy, prosperous, developed and smart Bangladesh' in the parliament from 3 pm on Thursday (June 6). The size of the budget is Tk 7 lakh 97 thousand crore. The size of this year's budget is 4.6 percent more than the 2023-24 fiscal year. This is the 53rd budget of the country, the 25th of the Awami League-led government and the first budget of Finance Minister Abul Hasan Mahmud Ali. According to the Ministry of Finance, the revenue target in the budget is Tk 5 lakh 41 thousand crore. The target of taking loans will be Tk 2,56,000 crore. The Annual Development Program (ADP) of Tk 2,65,000 crore has already been approved. Recently, State Minister for Finance Waseqa Ayesha Khan said controlling inflation, diversification of export products, creating employment and increasing opportunities for marginalized people will be the priorities of this year's budget.

The cabinet has approved the national budget for the fiscal year 2024-25. The cabinet approved the proposed national budget for the fiscal year 2024-25. The approval came from the special meeting of the cabinet held at the Jatiya Sangsad Bhaban. The meeting was presided over by Prime Minister Sheikh Hasina. Finance Minister AH Mahmood Ali is going to place the national budget for 2019-20 fiscal year at 3:00pm. The meeting started at 12 noon on Thursday (June 6) with Prime Minister Sheikh Hasina in the chair. The budget will be the 53rd budget of the country, the 25th of the Awami League government and the first budget of this finance minister. The size of the proposed budget may be Tk 7 lakh 96 thousand 900 crore. This is Tk 36,000 crore more than the previous financial year (2023-24). The size of the budget for the current fiscal year was Tk 7,61,000 crore. According to the Ministry of Finance, the revenue target in the budget is Tk 5 lakh 41 thousand crore. The target of taking loans will be Tk 2,56,000 crore. The Annual Development Program (ADP) of Tk 2,65,000 crore has already been approved. Recently, State Minister for Finance Waseqa Ayesha Khan said controlling inflation, diversification of export products, creating employment and increasing opportunities for marginalized people will be the priorities of this year's budget. The theme of the budget for the next fiscal year would be 'Pledge towards building a happy, prosperous, developed and smart Bangladesh'.

The country's 53rd budget is going to be presented on Thursday (June 6). Finance Minister Abul Hassan Mahmood Ali is going to place the national budget for 2024-25 fiscal year in the parliament. This will be his first budget announcement and the first budget of the fourth consecutive term of the government led by Prime Minister Sheikh Hasina. Finance Minister will present the proposed budget in the parliament at 3 pm. According to the Ministry of Finance, the amount of the proposed budget will be Tk 7 lakh 97 thousand crore. The revenue target in the budget is Tk 5 lakh 41 thousand crore. The target of taking loans will be Tk 2,56,000 crore. The Annual Development Program (ADP) of Tk 2,65,000 crore has already been approved. The theme of the budget for the next fiscal year would be 'Pledge towards building a happy, prosperous, developed and smart Bangladesh'.  The budget session is usually long. The budget is expected to be passed on June 30. According to the National Board of Revenue, several essential commodities may get tax exemption benefits this time to control inflation.  

The first budget of the present government will be announced on Thursday (June 6). Prices of several products may increase in the budget of the next financial year (2024-2025). There will be an announcement to increase duty on these goods and materials and to impose VAT. This year's proposed budget is Tk 797,000 crore. The budget for the new fiscal year will be placed in the form of a proposal on Thursday (June 6). The main slogan of the 53rd budget is to build a happy, prosperous, developed and smart Bangladesh. Prices of commodities that are likely to increase Cigarettes Like every year, supplementary duty and price level are being increased at the cigarette production stage in the next budget. So the price of all types of cigarettes will increase. Mobile SIM card The tax on the sale of SIM cards by mobile operators may increase from Tk 200 to Tk 300. As a result, customers may have to buy SIM cards at higher prices. Talk on mobile will cost extra charge The consumer will have to pay more to talk on mobile. At present, a consumer can talk about 73 taka if he recharges 100 taka on mobile. The remaining Tk 27 was deducted as VAT and supplementary duty. If the 5 percent supplementary duty on mobile services is increased in the proposed budget, consumers will be able to talk about Tk 69.35. Car At present, MPs can import cars with duty-free facilities but there is a proposal to impose 25 percent supplementary duty and 15 percent VAT on the import of cars in the proposed budget. On the other hand, some specific conditions are being added to the proposed budget to exempt hybrid and non-hybrid type cars. As a result, the price of luxury cars is likely to increase. Cashew nut As part of protecting cashew nut cultivation in the country, the duty on import of peeled cashew nuts is being increased from 5 per cent to 10 per cent. This may increase the price of cashew nuts. Soft Drinks & Energy Drinks VAT on soft drinks, carbonated beverages, energy drinks and mangoes may be increased from five to 10 percent. In addition, the minimum tax on carbonated beverages may be increased by two percent to five percent. As a result, these products will have to be bought at higher prices. Air conditioners Many people are buying air conditioners or ACs to get relief in the heat. In the next budget, considering AC as a luxury product, the duty on compressors and all types of materials used in AC production in the country is being increased. So the price of AC may increase. Water filter Duty on the import of water filters used in homes is being increased. The import duty on water filters is being increased from 10 percent to 15 percent. So the price of water filters used in households may increase. Cost of importing hospital equipment will increase Subject to compliance with certain conditions, there is an opportunity to import medical instruments and equipment at one percent duty on referral or duty exemption facility of specialized hospitals. In the next budget, it may be increased to 10 percent for the import of more than 200 medical instruments and equipment, which can further increase the cost of treatment of critically ill patients. The proposed budget for the fiscal year 2024-25 is Tk 7,97,000 crore. The target of the National Board of Revenue (NBR) has been set at Tk 4,80,000 crore. Besides, the budget deficit is Tk 2 lakh 56 thousand crore. The size of the budget has been increased by 4.62 percent compared to the current financial year. In the budget, the target of foreign loan has been set at Tk 1,27,200 crore. The target of loan from the bank is Tk 1 lakh 37 thousand 500 crore. The cost of loan interest payment has been estimated at Tk 1,13,500 crore.

The proposed budget for the fiscal year 2024-25 is Tk 7,97,000 crore. The target of the National Board of Revenue (NBR) has been set at Tk 4,80,000 crore. Besides, the budget deficit is Tk 2 lakh 56 thousand crore. The budget for the new fiscal year will be placed in the parliament on Thursday (June 6). The size of the budget has been increased by 4.62 percent compared to the current financial year. In the budget, the target of foreign loan has been set at Tk 1,27,200 crore. The target of loan from the bank is Tk 1 lakh 37 thousand 500 crore. The cost of loan interest payment has been estimated at Tk 1,13,500 crore. Notably, the target of sale of savings bonds has been fixed at Tk 15,400 crore.