In 2022, the government increased duties on imported dates in an effort to keep imports under control. It consisted of 25 percent import duty, 15 percent VAT, 5 percent advance income tax, 5 percent advance tax and 3 percent regulatory duty. The total tax burden was 59 percent. Recently, the government cut import duty by […]
Minister of State for Commerce Ahsanul Islam Titu has said that a comprehensive list of essential commodities along with their prices will be prepared with the approval of the Cabinet in preparation for next year's Ramzan. He said this at the signing ceremony of a Memorandum of Understanding (MoU) between the Trading Corporation of Bangladesh […]
Now only one week is left for the holy month of Ramadan to begin. Buyers are busy purchasing essential items for the fast. However, everything is expensive in the market. The prices of chicken have increased. Apart from this, the prices of sugar and gram have also increased. Although the prices of vegetables were a […]
Like sugar, prices of rice, pulses, edible oil, flour, onion, fish, meat and eggs are still high in the market. Every year in February the prices of winter vegetables reduce significantly. But this year the picture was opposite. Overall, people are not at peace. In its election manifesto announced ahead of the 12th parliamentary elections […]
The inflation rate was above 9 percent for almost the entire 2023. In addition to rising food prices, inflation of non-food items was also quite high. Traders say that although super shop consumers are not low-income people, a large section of them are under immense pressure due to inflation. Speaking to Prothom Alo, Kazi Ruhul […]
The responsibility of finding and addressing the perpetrators responsible for increasing prices through conspiracy falls under the jurisdiction of law enforcement agencies, regulatory bodies and relevant government authorities. These entities are tasked with investigating and taking appropriate legal action against any individual or group involved in price manipulation or activities that contribute to inflation. Prime […]
If customers in the market are charged extra for items, a complaint can be lodged by calling the number ‘333’. After that, steps will be taken accordingly. This service will be activated within 31 January. State Minister for Posts, Telecommunications as well as Information and Communication Technology Junaid Ahmed Palak announced the decision during a […]
Prices of daily essentials are increasing, what will happen to income?
Despite setting a limit on the price of potatoes, the government failed to control the market this time. Even the quantity of potatoes that was announced to be imported could not be imported. According to Agriculture Ministry records, a total of 10.4 million (1.04 crore) tonnes of potatoes were produced last season, while according to […]
Market for the poor: Pangas, chicken cost 5 taka per piece
Cabinet Secretary Mohammad Mehboob Hussain told this to the media at a press conference held on Monday afternoon to unveil the decisions taken in the morning cabinet meeting. Prime Minister Sheikh Hasina chaired the meeting in her office (PMO).Mehboob Hussain also told the media that this issue was not on the agenda of today’s cabinet […]
Confirming the decision, Bangladesh Meat Traders Association president Golam Murtaza told Prothom Alo, “Beef will be sold at Tk 650 per kilogram in the capital markets from Thursday. This decision will be gradually implemented across the country. He further said that there is no scope for selling meat at different prices due to the interests […]
