DHAKA: Finance minister AMA Muhith in the budget for 2016-17 fiscal year on Thursday (June 2) proposed to increase the price of all tobacco produces including biri and cigarettes.

The lowest slab of cigarette price has been set at Tk 23 which was Tk 18 last year, he said.

The supplementary tariff also increased from 48 percent to 50 percent and other two stages tax increased from 61 percent to 63 percent and 62 percent to 64 percent.

The minister said the bad effect of biri is much more that cigarette and its market price is less, Tk 7.06 for 25 sticks without filter and Tk 7.98 for 20 sticks with filter.

He proposed to increase the price of bibi without filter to Tk 10 and with filter Tk 12.

The supplementary tax of two other tobacco products ‘Jarda’ and ‘Gul’ has been increased 100 percent from 60 percent, the minister added.

BDST: 1729 HRS, June 2, 2016
BD/SMS