Telco tax hiking to affect GDP growth: AMTOB

Telco tax hiking to affect GDP growth: AMTOB

Mobile operators leaders in a post budget reaction said that the imposition of an additional 5 percent supplementary duty on mobile service usage and a Tk 100 increase in the Value Added Tax (VAT) on SIM connections is expected to negatively impact mobile consumers and the telecommunications industry.
They told in the Post-budget Press Meet at the Association of Mobile Telecom Operators of Bangladesh (AMTOB) secretariat at a city hotel on Wednesday.
Taimur Rahman, Chief Corporate and Regulatory Affairs officer of Banglalink, Shahed Alam, Chief Corporate and Regulatory Affairs Officer of Robi Axiata, Hans Martin Henrichsen, Chief Corporate Affairs Officer of Grameenphone and Lt Col Mohammad Zulfikar (Retd.), Secretary General of AMTOB discussed their concerns with the the journalists.