Budget 2023-24: prices may go up and down

Prices of some products and services may increase and some others may be cheaper as the finance minister proposed to raise and reduce duties or VAT on those.

Prices up

The products and services which may be costlier include pens, facial tissues, toilet tissues, cement, cashew nuts, Basmati rice, spectacles, LPG cylinder, plastic products, aluminum products, cigarettes, dates, foreign tiles, and mobile phones.

Prices down

The products and services which may be cheaper include sweet, diabetes-cancer-tuberculosis drugs, handmade biscuit-cake, animal food, blender-pressure cooker-juicer, e-commerce delivery charges, helicopter lease, container, sanitary napkin-diaper, LED bulb and switch-socket, and optical fiber.

Earlier on Thursday afternoon, Finance Minister AHM Mustafa Kamal unveiled a proposed national budget of Tj 7,61,785 crore for the 2023-24 fiscal year at Jatiya Sangsad.