June 18, 2026
Staff Correspondent
bdnews24.com
The government has cut import duties on two raw materials used in skincare and beauty manufacturing, a move that could bring down the cost of locally produced cosmetics.
The proposed budget for 2026-27, placed in parliament on Thursday, also lowers the minimum assessable value on seven categories of beauty products -- including lipstick, skin cream, moisturising lotion, and facewash -- which could offer some relief to consumers on imported goods as well.
