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Budget FY24: Broadband internet price to decrease

Finance Minister AHM Mustafa Kamal unveiled a Tk7,61,785 crore proposed national budget on Thursday 

Update : 01 Jun 2023, 06:22 PM

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.

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