![\"BUDGET-daily-sun\"](\"http:\/\/en.bornomalanews.com\/wp-content\/uploads\/2017\/06\/BUDGET-daily-sun-300x200.jpg\")
Dhaka: Opposition lawmakers on Thursday cast doubt on implementation of the proposed budget while treasury bench lawmakers lauded the proposed budget, terming it \u2018a dreamy one\u2019.<\/p>\nDhaka: Opposition lawmakers on Thursday cast doubt on implementation of the proposed budget while treasury bench lawmakers lauded the proposed budget, terming it \u2018a dreamy one\u2019.<\/p>\n
But the ruling party lawmakers expressed resentment over the issues, including value added tax (VAT) and excise duty.<\/p>\n
Finance Minister Abul Maal Abdul Muhith on June 1 placed Tk 400,266 crore budget for 2017-18 fiscal year with a thrust on higher revenue generation to meet some ambitious expenditure targets focusing on the next general election.<\/p>\n
He also proposed increasing the excise duty to Tk 800 from the existing Tk 500 on transactions of Tk 1 lakh to Tk 10 lakh.<\/p>\n
Speaking on the proposed budget, Jatiya Party lawmaker Pir Fazlur Rahman cast doubt on its implementation.<\/p>\n
\u201cA political agenda of the government exists in the budget. There has been confusion whether the budget is fully implementable,\u201d he told the House with Speaker Shirin Sharmin Chaudhury in the chair.<\/p>\n
Rahman said he thinks of this budget as a list of accounts only.<\/p>\n
\u201cBig budget means big ADP.<\/p>\n
Some Tk 42,000 crore has to be spent by one month. It means Tk 1,500 crore will have to be spent by a day. This is not possible,\u201d he said.<\/p>\n
\u201cRather a ground has been prepared for looting,\u201d he said.<\/p>\n
The JP lawmaker came down heavily on the minister for not making the Bangladesh Bank heist report public and bringing the miscreants to book.<\/p>\n
\u201cSome Tk 73 thousand crore has been siphoned off but the miscreants have not been brought to justice yet,\u201d he said, adding that some looters embezzled the taxed money from the banks in the name of loan.<\/p>\n
The lawmaker was also critical of the finance minister\u2019s proposal for increasing the excise duty on bank accounts.<\/p>\n
\u201cThe finance minister might not read the minds of people. The duty should be withdrawn,\u201d he said.<\/p>\n
Another JP lawmaker Khurshida Haque termed the proposed budget \u2018a trick\u2019.<\/p>\n
\u201cWhy did the finance minister not take opinions of others before placing the budget? He does not understand others and places the budget without realising the facts,\u201d she said.<\/p>\n
The lawmaker said his budget would not only hit the poor hard but also the rich.<\/p>\n
\u201cNothing has been mentioned for women in the budget,\u201d she said.<\/p>\n
Meanwhile, treasury bench lawmakers lauded the budget, terming it \u2018a dreamy one\u2019.<\/p>\n
\u201cThis is a dream budget. But the value added tax (VAT) should be reduced and kept at a tolerable level,\u201d Rajbari MP Kazi Keramat Ullah said.<\/p>\n
\u201cI hope the finance minister will also withdraw the excise duty on bank deposits,\u201d he said.<\/p>\n
Panchanan Biswas said businessmen considered the budget as a business-friendly one.<\/p>\n
\u201cExpectations of people have been reflected in the budget,\u201d he said.<\/p>\n
Over the Hefazat\u2019s demand for removing all sculptures, the lawmaker said, \u201cIf the demand is met, acts of militancy will be patronised.\u201d<\/p>\n
\u201cMilitants have been carrying out various activities to shatter the spirit of the government,\u201d he added.<\/p>\n
Abu Zahir told parliament that common people are not worried about the proposed budget while BNP has been trying to mislead people through falsehood.<\/p>\n
\u201cKhaleda Zia has become puzzled witnessing the development activities carried out by the government,\u201d he said, adding that she had been trying to tarnish the image of the government through providing false information.<\/p>\n
Workers Party MP Tipu Sultan demanded withdrawal of 15 percent VAT and excise duty on bank accounts.<\/p>\n
Lawmakers, including Aftab Uddin Sarker, Abdul Malek, Abdul Mazid Khan, Amina Begum and Ruhul Amin, also spoke on the proposed budget.<\/p>\n
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Dhaka: Opposition lawmakers on Thursday cast doubt on implementation of the proposed budget while treasury bench lawmakers lauded the proposed budget, terming it \u2018a dreamy one\u2019. But the ruling party lawmakers expressed resentment over the issues, including value added tax (VAT) and excise duty. Finance Minister Abul Maal Abdul Muhith on June 1 placed Tk […]<\/p>\n","protected":false},"author":7,"featured_media":33910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n