Capital machinery duty to remain unchanged for small industries
The government proposed keeping the import duty for capital machinery unchanged at 1 per cent for the small and medium industries to give a boost to the sector.
The finance minister in his budget speech today also recommended increasing the supplementary duty on import of some finished products to protect the paper cup manufacturing industry.
For all latest news, follow The Daily Star's Google News channel. The steps will be taken to help the local small and medium industries flourish, the minister said.
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