Muhith seeks to double excise duty on airline tickets

Finance Minister AMA Muhith has proposed Tk 2,000 excise duty on airline tickets instead of existing Tk 1,000 for travel to any Asian countries except the Saarc countries.

“In addition, I am proposing to revise the existing Excise Duty on airline tickets except for domestic travels and travel to the Saarc countries which I propose to keep the same as present,” the minister said in the budget speech.

A total of Tk 3,000 excise duty on airline tickets has been proposed instead of existing Tk 1,500 for travel to Europe, USA and other countries of the world, the minister said.

In order to avoid any inconvenience of travelers, this excise duty will be collected at the time of purchasing air tickets, he added.