The proposed 2018-19

in #esteem6 years ago

The proposed 2018-19 fiscal year's budget will reduce the prices of a few goods. Duty reductions in customs and different areas will reduce prices of many products.

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On Thursday, Muhith proposed a budget of 4 lakh 64 thousand 573 crore for the fiscal year 2018-19.
Proposed proposals to reduce the prices of the proposed budget:

Medicines: VAT exemption has been given in the prevention of kidney disease prevention. Kidney patients can buy medicines at slightly lower prices.

Seed: VAT exemption has been granted for importing the seeds used for agriculture. As a result, the price of seeds used in cultivation can be reduced.

Motorcycle: VAT exemption facility has been kept in production for domestic motorcycle. If the price is not reduced, the motorcycle can be purchased at the previous price.

Hawaii Slippers: Conditions of VAT on plastic and rubber made Hawaii slippers and footwear were exempted up to 150 taka. This will reduce prices of these products.

Hybrid Car: To encourage hybrid cars to reduce environmental pollution and energy costs, hybrid automobile import supplementary duty upto 18cc is reduced from 45 percent to 20 percent.

Bread and cake: Poor and working people eat bread and groves, hand-made biscuits and hand-made cakes (except partic) until the cost of 100 rupees. So, the Finance Minister offered to get VAT exemption facility at production level of bread, garnet, hand-made biscuit and hand made cake (except partic) till the cost of 100 taka.

Agricultural Farming Registration Fee: The registration fee of agricultural land has been reduced. Outside, rods, cement, ballpoint pens, cancer medicines, tire-tubing raw materials, computer parts, day care home service, import poultry food, domestic refrigerators compressors, powdered milk.

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