Dhaka, June 2 -- The interim government has introduced a new tier in the import duty structure for the upcoming 2025-26 fiscal year.

Finance Adviser Dr. Salehuddin Ahmed, in his televised budget speech on Monday, announced that the existing six-tier customs duty structure will be reorganized by adding a new tier with a 3% duty rate.

Additionally, a new 40% supplementary duty rate has been proposed, expanding the current twelve-tier supplementary duty structure.

To protect consumers, the adviser confirmed that zero-tariff rates will remain unchanged for essential items such as major food products, fertilizers, seeds, life-saving medicines, cotton, and raw materials used in certain industries.

Govt now focused on laying strong foundatio...