The Association of Mobile Telecom Operators of Bangladesh (AMTOB), a platform representing all telecom operators in the country, presented 16 proposals including a reduction of the corporate tax rate on mobile phone operating companies in the  next budget. "We propose to remove or reduce the minimum tax. Mobile operators are required to pay a minimum tax of 2% of their annual gross revenue which is in conflict with the Income Tax Act. Paying minimum tax despite loss in business means paying tax out of capital which is a barrier to business expansion," AMTOB Secretary General Brig Gen (retd) SM Farhad said during the pre-budget discussion meeting with the National Board of Revenue (NBR) on Sunday. AMTOB also proposed to withdraw the minimum turnover tax and abolish the tax of Tk200 imposed on SIM cards. "There is no alternative to removing or reducing the minimum tax in favour of sustaining the industry and building the Digital Bangladesh, as announced by the government," he added. "The high rate of corporate tax should be reduced. The general corporate tax rate in the country is 27.5% for unlisted companie and 20% to 22.5% for listed companies. However, despite being an essential service, Bangladesh's mobile sector has to pay a high rate of corporate tax. The tax rate is 40% for listed mobile operators and 45% for unlisted companies," he added. "In terms of taxation, instead of classifying mobile operators as a separate category, we demand that they be reorganised in line with other companies and that the tax be reduced at that rate," he further said. The AMTOB Secretary General also said that the mobile phone  sector is one of the sectors that provide the most revenue to the government in Bangladesh. "We need to remember that the top three operators in the mobile sector are all foreign investors and their contribution to the socioeconomic development of the country is immense,” he said.  He said that from the main source of people's telecommunication and internet access to banking, mobile money, ride sharing, e-commerce, education, or e-courier, all sectors are directly or indirectly dependent on mobile.  “As the growth of mobile service providers increases, customers will get better quality services and the government will get more revenue," he added. "Even then it is seen that the government is imposing new taxes every year in this sector. If the growth of the mobile sector is not encouraged by rationally considering the taxation system of the mobile sector, it will have an impact on all other sectors," SM Fahad added. Besides, there is no clear guideline for VAT removal for Govt. regulatory organisations as per new VAT & SD ACT 2012. Government agencies and regulators are not following VAT- control proportionately.  “For this reason, operators are ultimately suffering. There needs a clear guideline for solving this problem,” he said.  He said that there is no separate  HS coding system for telecom machinery, equipment and software , and the organisations have to import under different HS code. “HS coding systems are currently hampering telecom operators' antenna designing and customisation solutions. This complicates unreasonable tax assessments and VAT rebates,” he added. 

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has picked Banglalink Chief Executive Officer (CEO), Erik Aas, as its president until March next year. The association's virtual board meeting took place Wednesday. The meeting also welcomed Robi Acting CEO and Chief Financial Officer Riyaaz Rasheed as a director of the board and thanked AMTOB's outgoing President Mahtab Uddin Ahmed who earlier decided to part with Robi. Read: AMTOB calls for revision of SD in mobile services "The telecommunications industry is a key contributor to the digitalisation and development of the country's overall infrastructure. AMTOB will continue working with the government, regulators, policy-makers and many other stakeholders to ensure further developments of the country and our industry," AMTOB President Erik said. "AMTOB, as a collective voice of the telecommunications industry, plays a pivotal role for the greater interest of the industry and citizens' digitalisation needs. I hope and believe, together with the regulators, we will be able to address prevailing challenges and contribute to accelerating our journey towards a digitally empowered Bangladesh," AMTOB Vice-President Yasir Azman said.4 Read: Telecom services heavily disrupted by Amphan: AMTOB AMTOB is a national trade association representing all mobile telecom operators of Bangladesh, including Banglalink, Citycell, Grameenphone, Robi and Teletalk. The five mobile network operators are the general members of the association, and mobile network solution providers Ericsson, Huawei, and Nokia are its associate members.

A lot of work has been done in the telecom sector, but a great deal of work remains to be done, Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Shyam Sunder Sikder said on Sunday.

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) on Tuesday called upon the government for revision of supplementary duty on mobile services in the proposed budget and reform of telecom tax policy.

The Cyclone Amphan has left a heavy toll on the country's telecom network infrastructure, said Brig Gen S M Farhad (Retd.), AMTOB Secretary General on Thursday.

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has suggested reformation of tax to increase contribution of mobile network operator (MNO) to Gross Domestic Product (GDP).

Association of Mobile Telecom Operators of Bangladesh (AMTOB) recently elected Mahtab Uddin Ahmed, Managing Director and CEO of Robi as its new president for the next 2 years.