Dhaka, June 2 -- The proposed national budget for the fiscal year 2025-26 includes a reduction in source taxes on mobile operator services and internet usage, paving the way for lower consumer expenses in these sectors.
While presenting the new budget on Monday, Finance Adviser Salehuddin Ahmed announced a reduction in source tax on internet services from 10 percent to 5 percent, reports UNB.
Besides, the turnover tax for mobile operators has been cut from 2 percent to 1.5 percent.
These proposals have been introduced under the Finance Ordinance 2025, aimed at addressing inconsistencies in the tax structure and broadening the tax net.
Despite the expected drop in mobile and internet costs, expenses related to Over-the-Top (OTT) platfo...
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