The government has proposed to increase the tax levied on domestic and foreign travel in a bid to boost revenue generation and ease the strain on forex reserves.
On Thursday, Finance Minister AHM Mustafa Kamal presented a Tk 7.6 trillion spending plan for fiscal 2023-24.
Amid global economic head
The government has proposed doubling the amount of duty tax for passengers to import gold bars or gold pieces while reducing the limit on carrying gold under baggage rules.
Presently, under Baggage Rules, there is a provision to import gold bars or gold pieces by passenger on arrival from abroad,
Finance Minister AHM Mustafa Kamal today (June 1) said that the annual average inflation in the next fiscal year (FY24) would remain around six per cent.
"Due to the decrease in the prices of fuel, food, and fertilizer in the global markets, along with the adjustment of fuel prices in the