Friday, December 8, 2023

Prices of land, apartment to rise further: economists

Economists on Friday said the prices of land and apartment which were already high would rise further in the coming days as the government in its proposed budget gave unabated opportunity of legalising undisclosed money by investing in the real estate sector. According to the proposed budget for the fiscal

Muhith budget tows populist line in poll year

Finance Minister AMA Muhith, on Thursday, unveiled a Tk. 222,491 crore populist budget for the 2013-14 fiscal year, in Jatiya Sangsad, by avoiding imposition of any significant tax burden and by expanding social safety net programmes. The budget, having a deficit of 4.6 per cent, eyes 7.2 per cent GDP growth for the next fiscal ... Read more

Permanent pay commission for govt employees

In the proposed budget for the fiscal year 2013-14, the grand alliance government has decided to form a permanent pay and service commission for the government employees. In the budget speech, Finance Minister AMA Muhith said, “We significantly enhanced the pay and allowances of the government employees with effect from 2009 following the recommendations

Muhith rules out withdrawal of penalty

Finance minister Abul Maal Abdul Muhith on Thursday ruled out  blanket legalisation facility for whitening undisclosed money in the next budget for the fiscal year 2013-14 and said that black money holders would have to pay penalty at the prescribed rate of the National Board of Revenue. ‘Black money legalising system that we follow is ... Read more