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Business Published At: 06 Jun 2024, 19:54 p.m.

Laptops to become more affordable


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Employees around a display of laptops.

Value-added tax will be reduced


In the 2024-25 fiscal year, laptops will become cheaper as the government has made some changes to the duty structure for imports.

The import duty of laptops will increase by 5 to 10% while the value-added tax will be reduced. 

This will reduce the total tax burden from the previous 31% to 20.50%.

Finance Minister Abul Hassan Mahmood Ali presented the proposed budget for the 2024-2025 fiscal year amounting to Tk797,000 crore in parliament on Thursday.

This was his first budget unveiling and the first budget after the reelection of the Awami League government in January.