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Products may see price hike

News Desk || risingbd.com

Published: 09:13, 4 June 2021   Update: 09:39, 4 June 2021
Products may see price hike

Finance Minister AHM Mustafa Kamal has proposed changes to duties on different products in his budget speech, which may result in increase in their prices.

Here are some products which will likely to see price hike after the budget:

Imported mobile phone: Customs duty for imported cellular phone has been increased to 25 per cent to 10 per cent in the budget. The prices of cellular phones will increase as a result.

Imported meat:  The government has proposed to increase the tariff on processed meat imports and set a minimum value to protect the domestic meat processing industry and cattle farmers.

Other products which price may increase are mushroom, alcohol, cigarettes, park ride, imported vegetables, vehicle glass, carrot, tomatoes, capsicum, soap, industrial salt and chewing gum.

Shishir/Mukul