2021 National Budget Of Bangladesh
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2021 National Budget Of Bangladesh
The 2021 National budget of Bangladesh was presented by the Minister of Finance Mustafa Kamal on 3 June 2021. The National budget is for the fiscal year beginning on 1 July 2021, and ending on 30 June 2022. The budget was the second to be presented amid the Coronavirus pandemic. History The National Budget is the annual financial statement of Bangladesh; an estimate of income and expenditure of the government on a periodical basis. Under Article 87.(1) of the Constitution of Bangladesh, it is a compulsory task of the government. Upon achieving independence, the first budget of Bangladesh was presented by Tajuddin Ahmad. Significant announcements * The total expenditure for the budget is , a 6.28% increase from the previous fiscal year. This consists of allocated for operating and other expenditures, while has been allocated for the Annual Development Programme. * The total revenue collection has been fixed at , of which is due to be raised by the National Board of R ...
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List Of Members Of The 11th Jatiya Sangsad
This is a list of Members of Parliament (MPs) elected to the Jatiya Sangsad The Jatiya Sangsad ( bn, জাতীয় সংসদ, lit=National Parliament, translit=Jatiyô Sôngsôd), often referred to simply as the ''Sangsad'' or JS and also known as the House of the Nation, is the supreme legislative body of ... (National Parliament of Bangladesh) from 300 Bangladeshi constituencies for the 11th Parliament of Bangladesh. It includes both MPs elected at the 2018 general election, held on 30 December 2018, and nominated women's members for reserved seat and those subsequently elected in by-elections. Members Political parties * * * * * * * * * * Elected members Members of the Reserved Women's Seat References {{Members of the Jatiya Sangsad * Members of the Jatiya Sangsad by term ...
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Jatiya Sangsad
The Jatiya Sangsad ( bn, জাতীয় সংসদ, lit=National Parliament, translit=Jatiyô Sôngsôd), often referred to simply as the ''Sangsad'' or JS and also known as the House of the Nation, is the supreme legislative body of Bangladesh. The current parliament of Bangladesh contains 350 seats, including 50 seats reserved exclusively for women. Elected occupants are called Member of Parliament, or MP. The 11th National Parliamentary Election was held on 30 December 2018. Elections to the body are held every five years, unless a parliament is dissolved earlier by the President of Bangladesh. The leader of the party (or alliance of parties) holding the majority of seats becomes the Prime Minister of Bangladesh, and so the head of the government. The President of Bangladesh, the ceremonial head of state, is chosen by Parliament. Since the December 2008 national election, the current majority party is the Awami League led by Sheikh Hasina. Etymology The Constit ...
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Mustafa Kamal (politician)
Abu Hena Mohammad Mustafa Kamal (Bengali language, Bengali: আবু হেনা মুহাম্মদ মুস্তফা কামাল; born 15 June 1947) much commonly known as Lotus Kamal is a Bangladeshi politician and businessman. He is a member of the Jatiya Sangsad representing the Comilla-10 constituency and is a former Minister for Planning and current Minister of Finance. He is the owner of Lotus Kamal Group, which is a well-known Bengali textile industry. Kamal was awarded the Finance minister, Finance Minister of the Year 2020 by the Banker. Early life Kamal was born on 15 June 1947 in Laksham Upazila, Laksham, Comilla District, Cumilla, East Bengal, British India. After the primary education from local Dattapur Primary School, SSC from Bagmara High School in 1962, later HSC from Comilla Victoria Government College, Cumilla Victoria Government College, and B.Com. (Honors) degree from Chittagong Government Commerce College in 1964–1967. In 1967 he finish ...
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Bangladesh Awami League
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in 19 ...
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Finance Minister Of Bangladesh
The Finance Minister of Bangladesh heads the Ministry of Finance of the Government of Bangladesh. It is one of the most important positions in the Cabinet and the Finance Minister must deal with all the other departments and plays an important role in deciding the funding levels for each. The Finance Minister is responsible each year for presenting the government's budget. List of finance ministers ; Parties ! No. ! Portrait ! Name ! Took Office ! Left Office ! colspan="2", Head of Government , - ! , , , M. Saifur Rahman , April 1980 , May 1981 , style="background: ;" , , Ziaur Rahman (President) , - ! , , , Abul Maal Abdul Muhith , March 1982 , January 1984 , rowspan="2" style="background: ;" , , rowspan="2", ''Post abolished'' , - ! rowspan="3", , rowspan="3", , rowspan="3", Hussain Muhammad Ershad , rowspan="3", February 1984 , rowspan="3", March 1987 , - , style="background: ;" , , Ataur Rahman Khan , - , rowspan="3" style="background: ;" , ...
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National Emblem Of Bangladesh
The national emblem of Bangladesh ( bn, বাংলাদেশের জাতীয় প্রতীক ''Bangladesher Jatiyô Pratik'') was adopted shortly after independence in 1971. Located on the emblem is a water lily, that is bordered on two sides by rice sheaves. Above the water lily are four stars and three connected jute leaves. The water lily is the country's national flower, and is representative of the many rivers that run through Bangladesh. Rice represents its presence as the staple food of Bangladesh, and for the agriculture of that nation. The four stars represent the four founding principles that were originally enshrined in the first constitution of Bangladesh in 1972: nationalism, secularism, socialism, and democracy. The details of the emblem is given as quoted below: The national emblem of the Republic is the national flower Shapla (''Nymphaea nouchali'') resting on water, having on each side an ear of paddy and being surmounted by three connected leave ...
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Ministry Of Finance (Bangladesh)
The Ministry of Finance ( bn, অর্থ মন্ত্রণালয়; ''Artho Montronaloya'') is a ministry of Bangladesh. The ministry is responsible for state finance, including the state budget, taxation and economic policy in Bangladesh. It is led by the Finance Minister of Bangladesh. The department must report to the Parliament of Bangladesh. It contains four divisions: * Finance Division * Economic Relations Division * Internal Resources Division * Bank and Financial Institutions Division Directorate i) Finance Division: * Office of the Controller General of Accounts *Investment Corporation of Bangladesh *The Security Printing Corporation (Bangladesh) Ltd. * Financial Management Reform Program *Comptroller and Auditor General of Bangladesh *Bangladesh House Building Finance Corporation * Pay and Services Commission 2013 * National Savings Certificate (Bangladesh) ii) Economic Relations Division iii) Internal Resources Division *Bangladesh Customs * Chittago ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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COVID-19 Pandemic In Bangladesh
The COVID-19 pandemic in Bangladesh is part of the worldwide pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have spread to Bangladesh in March 2020. The first three known cases were reported on 8 March 2020 by the country's epidemiology institute, IEDCR. Since then, the pandemic has spread day by day over the whole nation and the number of affected people has been increasing. Bangladesh is the second most affected country in South Asia, after India. In order to protect the population, the government declared "lockdown" throughout the nation from 23 March to 30 May and prepared some necessary steps to spread awareness to keep this syndrome away from them. Infections remained low until the end of March but saw a steep rise in April. In the week ending on 11 April, new cases in Bangladesh grew by 1,155 percent, the highest in Asia, ahead of Indonesia, with 186 percent. On 6 May, cases were confirm ...
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Constitution Of Bangladesh
The Constitution of Bangladesh ( bn, বাংলাদেশের সংবিধান — ), officially the Constitution of the People's Republic of Bangladesh ( bn, গণপ্রজাতন্ত্রী বাংলাদেশের সংবিধান — ) is the supreme law of Bangladesh. The document provides the framework that demarcates the Bangladeshi republic with a unitary, parliamentary democracy, that enshrines fundamental human rights and freedoms, an independent judiciary, democratic local government and a national bureaucracy. The four fundamental principles of the Constitution are nationalism, socialism, democracy and secularism. The Constitution endeavors to create a socialist society in which the rule of law, fundamental human rights and freedom, equality and justice, political, economic and social, is secured for all its citizens. It commits Bangladesh to “contribute to international peace and co-operation in keeping with the progressive asp ...
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Tajuddin Ahmad
Tajuddin Ahmad ( bn, তাজউদ্দীন আহমদ; ; 23 July 1925 – 3 November 1975) was a Bangladeshi politician and statesman. He led the Provisional Government of Bangladesh as its prime minister during the Bangladesh Liberation War in 1971 and is regarded as one of the most instrumental figures in the birth of Bangladesh. Tajuddin began as a Muslim League youth worker in British India. He belonged to the Dhaka-based pro-democracy, secular Muslim League faction, which broke with the Muslim League's reactionary party line after the partition of India and the birth of Pakistan. As a member of the short-lived youth organisation the Jubo League, he actively participated in the Language Movement in 1952. In 1953, he joined the Awami Muslim League (later the Awami League), a dissident offshoot of the Muslim League. The following year, he was elected a member of the East Pakistan Provincial Assembly. As a close confidante, he assisted Sheikh Mujibur Rahman in revital ...
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National Board Of Revenue
The National Board of Revenue (NBR) ( bn, জাতীয় রাজস্ব বোর্ড) is the Central Authority for Tax Administration in Bangladesh. It is a Statutory Authority attached with the Internal Resources Division of Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco .... NBR is the Authority for Tax Policies and Tax Laws in Bangladesh. NBR collects almost 97% of Tax Revenue and almost 85% of total Revenue for the Government of Bangladesh. History The NBR was established in 1972 through the National Board of Revenue Order, 1972. Later, the structure of the NBR was amended through Act No 12 of 2009. Structure The NBR has 1 Chairperson and 8 members - 4 for direct tax and 4 for indirect tax. The secretary of internal resources division acts as t ...
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