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Latest Breaking News On - National budget 2022 2023 - Page 2 : comparemela.com

Penalty halved for missing VAT, turnover tax return deadline

The government has cut the fine by half in the case of failure of filing value-added tax (VAT) and turnover tax returns by the due date.

Tk 26,066 crore proposed for energy sector

The Ministry of Power, Energy and Mineral Resources has received Tk 26,066 crore allocation in the proposed budget for FY 2022-23, which is Tk 1,418 crore less than the allocation in the current fiscal year.

Turnover tax for start-ups to be slashed

The government today proposed cutting the turnover tax for start-ups to 0.1 percent from the current 0.6 percent in the next fiscal year.

Tourism industry gets Tk 1,000 crore incentive

The government has declared an incentive package of Tk 1,000 crore for the tourism industry to help it revive from the brunt of the protracted Covid-induced pandemic and the current uncertainty.

Import duty cuts on wheat gluten, sugarcane molasses

Finance Minister AHM Mustafa Kamal has proposed reducing the import duty on wheat gluten and sugarcane molasses to ensure supply of protein and dietary sugars at a lower price, thereby reducing production costs of the livestock industry.

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