SANGSAD BHABAN, June 6, 2024 (BSS) - The highlights of the proposed budget
for fiscal year 2024-25 are as follows--

Total proposed budget-- Taka 7,97,000 crore which is 14.2 percent of the GDP

GDP growth target-- 6.75 percent

Revenue target-- Taka 5.41 lakh crore

Out of this, Taka 4.80 lakh crore to be collected through National Board of
Revenue (NBR) and Taka 61 thousand crore from other sources

Budget deficit-- Taka 2.56 lakh crore (4.6 percent of GDP)

Out of the total deficit, Taka 1,60,900 crore are proposed to be financed
from domestic sources and Taka 195,100 crore from external sources

The average inflation is 6.5pc in 2023-24 fiscal year (FY)

This is the first budget of incumbent Finance Minister Abul Hassan Mahmood
Ali
 
Tax-free income limit: Taka 3.5 lakh for individual taxpayers

Corporate tax rates 25 percent

Priority has been given on education, health, agriculture, local government
and rural development, power, communication, and Science and Technology
sectors
 
The aim of the budget is building a smart, prosperous and happy Bangladesh.