artk
Wed, Jul 24, 2019 1:54 PM
Thu, Jun 13, 2019 7:07

Smartphones to get costlier

media

Smartphones set are to get costlier as Finance Minister AHM Mustafa Kamal on Thursday proposed raising the import duty to 25 percent from existing 10.

Smartphones set are to get costlier as Finance Minister AHM Mustafa Kamal on Thursday proposed raising the import duty to 25 percent from existing 10.

However, the duty on feature and other phones will remain the same at 10 percent, he said while placing the national budget for fiscal year 2019-20 in Parliament.

In his budget speech, the minister said one of the main elements of the ICT sector is cellular phone which is enjoying concessionary duty benefits on import of some raw materials and parts.

He said some local manufacturers have already started manufacturing and assembling cellphones in Bangladesh and currently a 10 percent customs duty is applicable for import of smartphones and feature phone. “As smartphones are used by affluent people, I propose increasing the customs duty on smartphones to 25 percent. However, customs duty on feature phones will remain unchanged as it’s used by relatively poor people.”

Rifat murder: Minni’s father demands probe under PBI Satellite images show Myanmar's minimal preparations for Rohingya return Messi suspended from Argentina's opening World Cup qualifier Beheaded body of a madrasa boy found in Chuadanga Russian boxer, 28, dies after suffering brain injury in ring Water transport workers begin countrywide indefinite strike 2 ‘drug peddlers’ killed in Cox’s Bazar ‘gunfight’ Bomb found in Paltan, bomb-like object in Khamarbari Renew vehicle fitness certificates within two months: HC Security cooperation key issue at Dhaka-Delhi meeting 61 lakh Anser-VDP men deployed to stop child-lifting remours Dr Kamal-led Jatiya Oikyafront faces uncertain future Tigers beat hosts in Colombo warm-up Dengue infects 7,700 in seven months Key accused of woman murder in Badda mob beating arrested PM undergoes eye surgery in London Former Chinese premier Li Peng dies at 90 Attain people’s confidence, President asks govt officials Brexiteer Boris Johnson to be Britain's next PM HC questions legality of BB circular over loans reschedule ACC official Enamul Basir sent to jail GM Quader is not chairman of Jatiya Party: Raushan Study: Millions should stop taking aspirin for heart health Trump claims Modi sought help on Indo-Pak dispute over Kashmir Landlady gets tenant beaten up by mob labeling ‘kidnapper’ Advance train ticket sale for Eid-ul-Azha from July 29 DFID releases £850,000 to support Bangladesh’s flood victims South Korea fires warning shots at Russia warplanes 2 robbers killed in Sundarbans gunfight with RAB Chattogram Port: Tk 10,000cr goods left abandoned