Published:  07:50 PM, 29 November 2018

Internet likely to be cheaper from Dec: Minister

Internet likely to be cheaper from Dec: Minister


The government is likely to reduce the value-added tax (VAT) for the backward linkage of internet service providers to 5 percent with a view to lowering the internet price for the end users.

“This decision has been finalised by the Finance Ministry recently and will come into effect from December 1 next,” Posts, Telecommunications and IT Minister Mustafa Jabbar told UNB on Thursday.

This step will benefit more than 9 crore internet users as all the internet service-providing channels will be paying 5 percent VAT down from the existing 15 percent, he added.

“This will reduce the cost for internet users,” said the minister.

Leave Your Comments



Latest News


More From Tech

Go to Home Page »

Site Index The Asian Age