Robi decries govt's move to hike tax on telecom services - News Summed Up

Robi decries govt's move to hike tax on telecom services


Telecom carriers will implement the new SD rate from midnight on Thursday, Robi said citing an SRO issued by the National Board of Revenue. “All preparations in this regard have been completed,” Robi said in a statement on Thursday. Finance Minister AHM Mustafa Kamal raised the supplementary duty to 15 percent from 10 percent on services provided through mobile phone SIM or RIM cards. The additional SD on the already ultra-heavily taxed telecom sector will only bring further misery for the customers, he said. “Considering MNO’s contribution in fighting the current COVID-19 pandemic situation and building up the digital ecosystem, we believe there is still an opportunity to review this self-defeating tax and hope that the government will take a positive decision in this regard.”


Source: bd News24 June 11, 2020 13:30 UTC



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