Internet likely to be cheaper from December

The government is likely to reduce the value-added tax (VAT) for the backward linkage of internet service providers to 5 per cent with a view to lowering the internet price for the end users.
“This decision has been finalised by the finance ministry recently and will come into effect from 1 December next,” posts, telecommunications and it minister Mustafa Jabbar told on Thursday.
This step will benefit more than 90 million internet users as all the internet service-providing channels will be paying 5 per cent VAT down from the existing 15 per cent, he added.
“This will reduce the cost for internet users,” said the minister.

Tech and Teen

Recent Posts

Tangia Zaman Methila New Brand Ambassador of Crickex

Crickex, one of Asia's most renowned online sports news platforms, has electrified the community by…

1 day ago

Meghna Bank Announced the Inauguration of Centre for Excellence

Recently, Meghna Bank PLC. proudly announced the inauguration of Centre for Excellence - a dedicated…

1 week ago

Robi Holds 29th Annual General Meeting

Mobile network operator Robi Axiata PLC. held its 29th Annual General Meeting (AGM) today, Monday,…

1 week ago

Grand Launch of ELF Lubricants and Chery’s Premium SUVs in Bangladesh

Asian Petroleum Limited, the official distributor of ELF Lubricants and Asian Motorspex Limited, the official…

1 week ago

BYD starts delivering SEALION 6 in Bangladesh

Offering a seamless driving experience, exceptional balance of performance, fuel efficiency, and intelligent features, BYD…

1 week ago

NASA Congratulates Bangladesh on Artemis Accords, Praises Young Innovators

The Government of Bangladesh has recently signed the Artemis Accords—an important international agreement on space…

1 week ago