The Finance Bill 2018 was passed in parliament yesterday with some changes, including reducing VAT on internet service, continuation of VAT exemption on computer and its parts and increasing the prices of cigarettes, reports UNB. Finance Minister AMA Muhith reduced the VAT on internet service to 5 percent from the proposed 15 percent. The finance minister exempted 5 percent additional VAT from assembling mobile phone sets. He increased the prices of 10-stick low category cigarettes from Tk 32 to Tk 35 while that of high-category 10-stick cigarettes to Tk 105 from Tk 101. Muhith also increased the tariff of per gram Jarda at Tk 1.20 while that for Gul Tk 0.60. He waived the supplementary duty from petroleum jelly considering its wide range of…

Ahead of the scheduled publication of the second and final draft of the updated National Register of…