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16 June, 2019 00:00 00 AM
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Low tobacco tax ups health risks of people, says DAM

Staff reporter, Dhaka

Dhaka Ahsania Mission (DAM) Health Sector has reacted in response to the proposed budget for the fiscal year 2019-20 yesterday, says a press release.   In response, Iqbal Masud, director of health sector, said in the proposed budget, keeping the supplementary duty unchanged and low, medium, high and premium tier cigarette price increased at 2, 15, 18, and 18 taka. After increased the price will be 37, 63, 93 and 123 taka. As a result, especially the multinational tobacco companies are getting the chance to make huge profits in this year's budget.

And there is no scope for the government revenue to increase by the supplementary duty. That Government decision tobacco companies profit will be increased 31 percent in comparison of the previous year. The increase in the price of low tier is very disappointing, which is very frustrating. Because low tier cigarette price increased 2 taka.

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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