Bangladesh approved a 7.90 trillion taka budget for the coming year. Leaders call the spending plan fair and practical. The government wants to control costs and fight climate change. Officials set aside 2.30 trillion taka for development projects.
Small and medium businesses drive the country's economy. These companies create jobs and boost growth across Bangladesh. The new budget gives no special money to help these firms. Business owners worry about getting enough support to expand their operations.
The spending plan hurts small companies with new tax rules. Businesses must pay taxes on lower sales amounts than before. Import taxes on raw materials jumped to 7.5 percent. Many small firms lack the skills to handle complex tax paperwork.
Some budget items help entrepreneurs start new ventures. The government promised to create 15,000 new business owners over three years. Training programs will teach 25,000 people how to run companies. Banks must lend at least 15 percent of their money to women business owners.
Energy costs worry small business leaders as global prices rise. The budget offers no help with power bills or green energy options. Many companies already struggle with blackouts and unreliable electricity. Experts say the government should restore old tax limits and create guarantee funds. Small businesses need easier access to loans and energy subsidies to survive.
Small and medium businesses drive the country's economy. These companies create jobs and boost growth across Bangladesh. The new budget gives no special money to help these firms. Business owners worry about getting enough support to expand their operations.
The spending plan hurts small companies with new tax rules. Businesses must pay taxes on lower sales amounts than before. Import taxes on raw materials jumped to 7.5 percent. Many small firms lack the skills to handle complex tax paperwork.
Some budget items help entrepreneurs start new ventures. The government promised to create 15,000 new business owners over three years. Training programs will teach 25,000 people how to run companies. Banks must lend at least 15 percent of their money to women business owners.
Energy costs worry small business leaders as global prices rise. The budget offers no help with power bills or green energy options. Many companies already struggle with blackouts and unreliable electricity. Experts say the government should restore old tax limits and create guarantee funds. Small businesses need easier access to loans and energy subsidies to survive.
