Extra income from telecommunication is possible without increasing the tax!

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Bangladesh Mobile Phone Consumers Association has demanded withdrawal of the proposed tax in the telecom and technology sectors in the year 2015-2020.

The organization claims that it is possible to make additional revenue of at least seven thousand crore rupees annually by not increasing the tax in the sector.

On Saturday, the organization gave a memorandum to the Prime Minister over the withdrawal of excess tax.

In the memorandum, Bangladesh Mobile Phone Association has claimed that at the marginal level, uninterrupted network and quality services will be available to the country, about six to seven thousand crore additional revenue will come. In the new tax hike proposed, the government may get revenue of three thousand crores of revenue.

If the new SIM purchase increases tax and call rates, the marginal low-income people will be discouraged by taking a new connection. As a result, the government will reduce the revenue, the organization said.

The organization said, currently active SIM is around 156.5 million. Smartphone Internet users are around 750 million Moreover, broadband users are about 1.25 million. Yet 45 percent of the population in the country is out of modern telecommunications services. Currently, about 6.5 percent of the total GDP is from this sector. If there is a continuation of this, revenue from this sector will be 10.75 percent of the total GDP by 2024.

In the last five years, tax increases and tax rates have been increased five times in this sector. The organization has requested the government not to increase the corporate tax on the operators rather than earn 12 thousand crore rupees before the government.

At the same time, the operators will be able to build a good network system across the country so that their issue is also requested to see the government in that memorandum.