Currently, household water purifiers are being produced locally, and to support this sector, the import duty on such equipment is proposed to rise from 10% to 15%.
Therefore, the tax will be 37% of the total cost of the water filter.
This increase aims to protect local manufacturers by making imported water purifiers more expensive, thereby encouraging consumers to buy domestically produced alternatives.
Finance Minister Abul Hassan Mahmood Ali presented the proposed budget for the 2024-2025 fiscal year amounting to Tk797,000 crore (Tk 7.97 trillion) in parliament on Thursday.
This was his first budget unveiling and the first budget after the reelection of the Awami League government in January.
