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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