Dhaka, May 21 -- The government is considering reducing the tax on new SIM card issuance and abolishing taxes on SIM replacements and Internet of Things (IoT)/Machine-to-Machine (M2M) SIMs as part of efforts to expand the telecommunications sector and strengthen digital connectivity.

According to National Board of Revenue (NBR) sources, a proposal to this effect is currently under consideration.

"The Bangladesh Telecommunication Regulatory Commission (BTRC) sent a letter to the Posts and Telecommunications Division on May 5, which was later forwarded to the NBR," a senior NBR official told UNB.

The recommendations were discussed at a high-level meeting chaired by PM's adviser adviser on posts, telecommunications and ICT Rehan Asif Asad...