Finance Minister AMA Muhith has said the government is not forming the banking commission before its tenure ends in January next year.

The government has reversed a plan to impose 5 percent VAT on online shopping.

The government will review interest rates on savings certificates next month, Finance Minister AMA Muhith has said.

AMA Muhith has said the government is not levying any new tax in the upcoming national budget to be presented a few months before the general elections.

Finance Minister AMA Muhith has proposed that the tax exemption threshold and tax rate remain unchanged at Tk 250,000 for general taxpayers for the next year.

Bangladesh has unveiled a Tk 4.65 trillion budget for fiscal 2018-19.

Finance Minister AMA Muhith has sought another term for the ruling Awami League while presenting the proposed budget of the upcoming election year, titled “Bangladesh on a Pathway to Prosperity”.

Finance Minister AMA Muhith has kept unchanged the existing tax rate for publicly traded companies at 25 percent and for non-publicly traded companies at 35 percent.