In the national budget FY2023-24, Finance Minister AHM Mustafa Kamal has proposed to slash VAT in excess of 5% at the production stage on optical fiber cable till June 30, 2024.
Hence, the price of broadband internet would decrease for users.
Finance Minister AHM Mustafa Kamal on Thursday unveiled a Tk7,61,785 crore proposed national budget for the 2023–24 fiscal year in the national parliament.
The proposed budget will be 15.2% of the Gross Domestic Product (GDP).
The budget size is likely to be Tk1,01,278 crore higher than the revised budget of Tk6,60,507 crore in the outgoing fiscal year.