Prices of Bidi, cigarette to rise
Published : Thursday, 13 June, 2019 at 4:11 PM Count : 90
Proposal has been made in the proposed budget for 2019-20 to raise prices of tobacco products, including Bidi and cigarette.
Finance Minister AHM Mustafa Kamal came up with the proposal while placing his maiden and Awami League government's 20th budget in the parliament on Thursday.
Price of every 10 sticks low segment cigarette has been imposed at Tk 37 and the supplementary duty rate 55 percent.
Proposal has been made to fix price of every 10 sticks medium segment cigarette at Tk 63 and the supplementary duty rate to 55 percent.
Proposal has been made to fix price of every 10 sticks high segment cigarette at Tk 93 and the supplementary duty rate to existing 65 percent.
The Finance Minister has proposed to fix the price of 25 sticks of non-filter bidi at Tk 14 and supplementary duty rate at 35 percent.
He proposed to impose the price of 20 sticks filter bidi at Tk 17 and supplementary duty rate at 40 percent.
In the new budget, smokeless tobacco like Zarda and Gul have been termed hazardous items like cigarette and bidi. With a view to reducing the consumption of smokeless tobacco products too, prices of these items have been proposed.
Minimum retail price per 10 grams Zarda has been proposed at Tk 30 and Tk 15 for 10 grams for gul and supplementary duty rate at 50 percent.