Budget proposes enhanced duty on mobile SIM

The government today proposed enhancement of supplementary duty on mobile phone SIM card by two percent while the existing duty is 3 percent.

"In order to enhance revenue collection from this sector (mobile phone), I am proposing to increase the rate of supplementary duty on SIM card related services from 3 percent to 5 percent," said finance minister A M A Muhith while presenting the national budget in the Jatiya Sangsad today. 

He said: "In FY 2015-16 budget, we have significantly reduced the tax on SIM card and this has resulted in the reduction in revenue collection from mobile phone sectors."

Source: BSS.