If the balance is between Tk 500,000 to 1 million, an excise duty of Tk 500 is deducted from the account. According to the new proposal, an excise duty of Tk 3,000 will be deducted if the balance is between Tk 1 million and Tk 5 million. Tk 5,000 for a balance ranging from Tk 5 million to Tk 10 million. Tk 10,000 for a balance ranging from Tk 10 million to Tk 20 million. Currently, the excise duty for deposits exceeding Tk 50 million is Tk 40,000.

Source: bd News24 June 07, 2024 01:55 UTC