People will have to pay more for buying mobile handsets as Finance Minister AHM Mustafa Kamal has proposed withdrawing a 5 per cent VAT exemption of mobile phone sets.
Mustafa Kamal proposed the VAT exemption while presenting the Tk 678,064 crore national budget for the financial year 2022-2023 at parliament on Thursday.
“I propose to withdraw the existing 5 per cent VAT exemption at the trading stage of mobile phone sets,” he said.
Also Read: Finance Minister starts unveiling Tk 678,064 cr national budget