Mobile network operators (MNOs) expressed their dissatisfaction over Thursday’s proposed budget in parliament, as they believe no favourable changes have been made for the telecom sector, UNB reports.
In a press release issued by the Association of Mobile Telecom Operators of Bangladesh (AMTOB), its secretary TIM Nurul Kabir urged the government to reconsider the changes proposed regarding the sector.
AMTOB had recently recommended the government to revise some of the tax rates, such as 15% VAT on internet use, 100 percent tax on new and replacement SIM, minimum tax of 0.75% from the gross income applicable for the MNOs and others.
The AMTOB secretary general mentioned that “none of those requests has been considered.”
“The industry which is now providing lowest call tariff in the world is burdened with a heavy tax,” he said, “The high corporate tax will discourage prospective companies in mobile telecom sector of further foreign direct investment in this sector.”