Report on National Budget of Bangladesh 2015
A Report on[pic 3][pic 4]AN ANALYSIS OF THE NATIONAL BUDGET FOR THE FISCAL YEAR 2015-16Sk. RafikuzzamanPrepared on June 11, 2015Management of Commercial BankAN ANALYSIS OF THE NATIONAL BUDGET FOR THE FISCAL YEAR 2015-16SUBMITTED TOSUBMITTED BYDr. Sujit SahaFormer Professor & Director, BIBMCourse InstructorEast West UniversitySk. RafikuzzamanID: 2014-3-91-003Section -2Course-EMBA_568Date of Submission: June 12, 2015Table of ContentsDefinition ofBudget Importance of national budget Overview of the Budget for fiscal year 2015-16 The Key Points of the budget Challenges to achieve the target Budget FY 16: Sector wise revenue generation and expense allocation Revenue Mobilization Budget FY 16: Proposed list of projects to be implemented under PPP Budget FY 16: Proposed Corporate Tax Threshold of Taxable Income, Existing and Proposed Tax Rates for Non-Corporate Tax Payers Budget FY 16: Different incentives proposedby the Government Incentive for new industrial enterprise Incentive for Wage Earners Development of Bond Market Incentives on capital market Budget FY 16: Undisclosed Money Budget FY 16: Tax Holiday The impact of Governments heavy reliance on banks to finance deficit Budget Reaction by Dhaka chamber Budget Reactions of rewound economist My Observation on Budget for the FY 2015-16 References: Definition of BudgetA national budget is the official budget of a country, which is a written estimate of predictable revenue and expenditures during a specific period of time. Budgeting is the process of estimating the revenue the government anticipates that it will generate and the expenses it will incur. In government, revenue is generated from taxes and fees it imposes. Government expenditures range from national defense, infrastructure, grants for research, education, and the arts, and social programs such as Social Security and Medicare.
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