June 17, 2026
The budget slashes supplementary duties on basic manufacturing inputs by 20 percent
The finance minister calls fossil fuel vehicles “highly harmful” to the environment
Only 15 percent VAT will apply under the temporary tax relief scheme
The government also considers reducing customs duties on the import of passenger buses
The existing duty ranges from 61.80 percent to 93.16 percent on imported electric buses, cars, and trucks
He says the US may impose license fees on trading partners
Locally assembled handsets priced above Tk 30,000 will also see price relief as component duties fall
The metro rail VAT has also been withdrawn
