• Saturday, Sep 24, 2022
  • Last Update : 09:54 am

No changes to SIM tax, supplementary duty in next budget

  • Published at 06:22 pm May 21st, 2017
  • Last updated at 06:24 pm May 21st, 2017
No changes to SIM tax, supplementary duty in next budget
There will be no changes to supplementary duty on mobile uses, plus SIM and replacement tax rates in the upcoming budget, according to the NBR budget proposal. The National Board of Revenue (NBR) has already proposed Tk100 as SIM tax and Tk100 as SIM replacement tax to the Finance Ministry in the next budget. At the same time, NBR also proposed to impose a 5% supplementary duty on services provided through mobile communication in the budget. In the budget of Fiscal Year 2015-16, the government first proposed to impose supplementary duty on services provided through mobile communication. Currently, mobile operators are paying Tk100 as tax on Subscriber Identification Module (SIM) cards. The government fixed Tk100 as both issuance and replacement taxes for the modules in last year budget. Meanwhile, the Association of Mobile Telecom Operators of Bangladesh (AMTOB) urged the revenue authority to withdraw VAT on mobile internet services in the national budget for Fiscal Year 2017-18. The association also urged the government to withdraw the tax and replacement fees on SIM cards. “The SIM tax should be removed to ensure better affordability,” said TIM Nurul Kabir, AMTOB secretary general. “Records show that reduction in SIM tax has resulted in market growth.” The mobile operators also demanded removal of 1% surcharge on mobile usage and reduction in corporate tax to 35% from the existing 45%.
50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail