BD Budget FY24: Price Changes in the Bangladesh 2023-2024 Budget

Read More: Top 10 Taxpayers of Bangladesh in 2022: Key Contributors to The Country’s Economy

Price Changes in the Bangladesh 2023-2024 Budget

Apologies for the oversight. Here\’s an updated table with the percentage changes in the Bangladesh 2023-2024 budget:

Product	Price Change
Household items	Increase (VAT: +2.5%)
Gas cylinders	Increase
Basmati rice	Increase
Cashew nuts	Increase (Import duty: +28%)
Dates	Increase (Duty: +25%, VAT: +15%)
Imported fruits	Increase (Tariffs likely to increase)
Cigarettes	Increase
Mobile phones	Increase
Pens	Increase (Proposed VAT: +15%)
Eyewear	Increase (Import duty: +20%, VAT on production: +2%)
Sandpaper	Increase (Import tariffs raised)
Glue	Increase (Additional taxes imposed)
Bicycle	Increase (Tariffs on components)
Cars	Increase (New taxes on luxury cars)
Building materials	Increase
Lifts and escalators	Increase
Flat registration	Increase
Foreign trips	Increase
Software	Increase (Import duty: +20%, VAT: +15%)
Polypropylene film	Increase
Plastic household products	Increase
Printer	Increase
Scanner	Increase
Router	Increase
Earphones	Increase
SSD card	Increase
CCTV monitor	Increase
Projector	Increase
Digital watch	Increase
Electric panel	Increase
Processed foods	Increase
Facewash	Increase
Titanium dioxide	Increase
Agricultural machinery	Decrease (Tariff exemption)
LED bulbs	Decrease (Tariff reduction)
Meat and meat-based products	Decrease (Reduced advance income tax: -5%)
Sweets	Decrease (VAT: -8%)
Imported clothes	Decrease (Tariff reduction)
E-commerce expenses	Decrease (VAT exemption: -5%)
Medical supplies	Decrease (Duty exemption)
Sanitary napkins	Decrease (Extended VAT exemption)
Soap and shampoo	Decrease (Extended VAT relief)
Diapers	Decrease
Silicon tubes	Decrease
Optical fiber cables	Decrease
Hot rolled steel	Decrease
Cold rolled steel	Decrease

Increase And Decrease Price Changes in the Bangladesh 2023-2024 Budget:

Prices Increase:

1. Household items (plastic and aluminum products)
2. Gas cylinders
3. Basmati rice
4. Cashew nuts
5. Dates
6. Imported fruits
7. Cigarettes and tobacco-based products
8. Mobile phones
9. Pens
10. Eyewear
11. Sandpaper
12. Glue
13. Bicycle
14. Cars (luxury cars)
15. Building materials (clinker, imported tiles, certain cement products)
16. Lifts and escalators
17. Flat registration
18. Foreign trips
19. Software
20. Polypropylene film, plastic household products, printer, scanner, router, earphones, SSD card, CCTV monitor, projector, digital watch, electric panel, processed foods, facewash, titanium dioxide.

Prices Decrease:

1. Agricultural machinery
2. LED bulbs and Swiss sockets
3. Meat and meat-based products
4. Sweets
5. Imported clothes
6. E-commerce expenses (sales and delivery charges)
7. Medical supplies (raw materials for medicines)
8. Sanitary napkins, diapers, and toilet tissues
9. Soap and shampoo
10. Diapers, silicon tubes, optical fiber cables, hot rolled steel, and cold rolled steel.

Please note that this information is based on the proposed changes in the budget and may be subject to revisions or updates.

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