The Bangladesh government has reduced import duties on mobile phones to keep prices within consumers’ purchasing power. The National Board of Revenue (NBR) issued a notification on Tuesday announcing that the existing 25 percent duty on imported mobile phones has been lowered to 10 percent, while the total import tax burden has been reduced by 60 percent. The move is expected to significantly lower the prices of both imported and locally assembled phones in the market.

To ensure local assemblers are not disadvantaged, the government also reduced import duties on components used by domestic mobile phone assembly firms. A separate notification cut the duty on imported assembly materials from 10 percent to 5 percent, representing a 50 percent reduction. According to NBR estimates, the price of imported phones costing over 30,000 taka will drop by about 5,500 taka, while locally assembled phones in the same price range will decrease by around 1,500 taka.

The NBR stated that the duty cuts will help keep mobile phones affordable and make digital services more accessible to citizens across the country.