Ceiling likely for tax on mobile phone bill
Finance Minister AMA Muhith yesterday said a ceiling may be set for imposing tax on mobile phone bill.
The minister said this while replying to journalists' queries after a meeting with Bangladesh Seagoing Ship Owners' Association at the secretariat.
“I didn't expect so much reaction,” he said about imposing tax on mobile phone bill in the proposed budget for the next fiscal year.
Muhith said, “We are considering a threshold, crossing which a user will have to pay tax. It is now under processing.”
On the introduction of an automatic pricing formula for adjusting local fuel prices to the international market, the finance minister said an inter-ministerial meeting will be held in this connection.
"I am delaying the meeting on purpose. The policy decision will be taken in the meeting. But political judgment will be required before implementing the decision."
When asked why there was no announcement on the Tk 1,600 crore fund for infrastructure in his budget speech, the finance minister said, “It's easy to make an announcement.”
However, the minister said the rules and regulations for the fund have been prepared. Now some issues, including the rate of interest, would have to be decided, he added.
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