Finance Minister AHM Mustafa Kamal today (June 1) proposed imposing kilowatt-based environmental surcharges on multiple vehicles.

He made the proposal while placing the proposed national budget for fiscal 2023-24 at the Jatiya Sangsad here.

Kamal said at present, Bangladesh has played a leading role in the developed world under the firm leadership of Prime Minister Sheikh Hasina. 

The government has adopted a policy of progressively following the best practices of the Income Tax Act with the developed world, he said. 

The finance minister said: “In continuation of this, the idea of imposing taxes on sectors that are harmful to public health is prevalent in the developed world and as an initiative to reduce environmental pollution in the country; I propose to impose various CC or kilowatt-based environmental surcharges on multiple vehicles”.

BDST: 1729 HRS, JUN 01, 2023
MN/SMS