The finance minister said, “Excise duty on bank accounts and air tickets are collected as per provisions of the Excises and Salt Act, 1944 (Act No. 1 of 1944).

At present excise duty of Tk 40,000 is collected on bank accounts where the balance, at any time of the year, was above Tk 50 million.

"I propose to increase excise duty to Tk 50,000/- from Tk 40,000/- for bank accounts, where balance at any time of the year is above Tk 50 million," he added.

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