- Bangladesh proposes increasing VAT on SIM/eSIM cards from BDT 200 to BDT 300
- Supplementary duty on SIM-enabled telecommunication services raised to 20% from 15%
- Minister of Finance, Abul Hassan Mahmood Ali, announced the changes during the budget speech
- The proposed budget for the fiscal year 2024/25 was presented in Parliament on June 6, 2024
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Bangladesh"
- VAT Waiver on Vessel Imports: Opportunity for Growth with Rigorous Compliance Conditions
- Bangladesh Exempts VAT on Large Vessel Imports to Boost Trade and Employment Opportunities
- Government Grants VAT Exemption on Import of Large Sea-Going Vessels
- NBR Halts Manual VAT Audits to Prevent Corruption, Plans Automated System Implementation
- Understanding Tax Refund Limitations: Legal and Erroneous Payment Criteria Under the Tax Code
