Dhaka, June 11 -- The government has proposed abolishing a long-standing tax of Tk 300 on mobile SIM cards, a move welcomed by telecom operators, who demanded further reduction of corporate tax to a 'reasonable level'.

Finance Minister Amir Khosru Mahmud Chowdhury announced the measure while presenting the national budget for the 2026-27 fiscal year on Thursday, saying the government would also pursue broader reforms of tax, value-added tax (VAT) and licensing policies in the information and communications technology sector.

"At present, the tax burden in the telecommunications sector is around 50 percent, while in the information technology sector it is about 25 percent. These rates are significantly higher than those in many other cou...