The proposed national budget for the fiscal year 2025–26 includes a reduction in source taxes on mobile operator services and internet usage, paving the way for lower consumer expenses in these sectors.
Finance Adviser Salehuddin Ahmed announced a reduction in source tax on internet services from 10% to 5%.
Besides, the turnover tax for mobile operators has been cut from 2% to 1.5%.
Turnover tax on mobile operators slashed to 1.5%Salehuddin emphasised that the budget size has been kept smaller to align with economic realities and reduce the deficit.
The adviser also noted that there are efforts in the budget to provide some relief to lower-income groups amidst ongoing political unrest.
Finance Adviser Dr Salehuddin Ahmed presented the proposed budget for the 2025-2026 fiscal year, amounting to Tk7,89,999 crore, in a televised speech on Monday.
