FY2021-22 budget at a glance
-Total proposed budget Tk6,03,681 crore
-GDP growth target – 7.2%
-Health and Family welfare – Tk32,731 crore
-Combating Covid-19 – Tk10,000 crore
-Education Tk71,951 crore
- Cigarette prices to go up
- Health, education neglected yet again
- Safety net increased, but not individual receipts
- Tax exemption galore for local manufacturers, household goods
- Individual business turnover tax to come down
- Taxes on Mobile Financial Service providers to increase
- 10-year tax break for hospitals set-up outside the 4 major districts
- Corporate taxes to be slashed in new budget
- Cancellation of surcharge on wealth with no taxable income proposed
- Tax exemption proposed for local agro-products manufacturers
- Individual tax for income to remain unchanged
- Tax rebate for employers with 10% or 100 transgender employees
- Tax exemption proposed for 'Made in Bangladesh' brands
- Tax exemption proposed for women-owned SMEs
- 30% income tax proposed for artificial juridical persons
- Rationalising fish sector tax proposed
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