Budget FY24: Biryani could get costlier

The government has proposed to impose a 15% VAT on basmati rice.

Finance Minister AHM Mustafa Kamal on Thursday unveiled a Tk7,61,785 crore proposed national budget for the 2023–24 fiscal year in the national parliament.

Many people have a preference for indulging in biryani and tehari during their weekly holidays or festive occasions. 

However, enjoying these beloved dishes now comes with an additional cost. The main ingredient of biryani and tehari, basmati rice, is now subject to VAT upon import, leading to a potential increase in the price of rice. 

Consequently, the cost of biryani and tehari may also rise accordingly.