Home Industry News Telecom, steel seek tax cuts as tobacco firms split over govt revenue policy ahead of budget

Telecom, steel seek tax cuts as tobacco firms split over govt revenue policy ahead of budget

by fstcap

 

  • The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has proposed abolishing the 20% supplementary duty on mobile talk-time and data, along with other tax cuts, saying the current structure is restricting growth and digital inclusion.
  • The proposals were placed at a pre-budget meeting with the National Board of Revenue (NBR) in Agargaon, Dhaka, yesterday (27 April).
  • AMTOB said operators currently pay about 56% of gross revenue in taxes, VAT and other charges, compared to a global average of 22% and 26% in Asia-Pacific countries.

https://www.tbsnews.net/economy/telecom-steel-seek-tax-cuts-tobacco-firms-split-over-govt-revenue-policy-ahead-budget

You may also like