The Bangladesh government has proposed raising the excise duty exemption limit on bank deposits in the 2026–27 fiscal year budget. Finance Minister Amir Khasru Mahmud Chowdhury announced in Parliament that depositors with up to four lakh taka in their bank accounts will not have to pay excise duty from the next fiscal year. The measure aims to provide relief to small depositors.
Currently, excise duty is charged annually on bank accounts with deposits of three lakh taka or more. The new proposal increases this threshold to four lakh taka. The finance minister also stated that excise duty will be deducted only once against a single loan account, even if multiple deals or accounts are linked to it.
The proposed 2026–27 budget totals 9.38 trillion taka, with a revenue target of 6.95 trillion taka and a deficit of 2.43 trillion taka. The government plans to finance the deficit through both domestic and foreign sources.