Saturday, November 23, 2024

Pay more for smoking: Bidi tax up, cigarette costlier

After four years, the government has decided to increase tax on biri. Cigarette price has also been increased in the current budget. Rate of supplementary duty (excise tax) on biri has been increased from 20% to 30%. Moreover, the ‘tariff value’ (used as the base price for taxation) has been hiked from Tk. 3.16 to ... Read more