Limit bandwidth in Linux

wondershaper - An easy tool to limit bandwidth of a particular interface.

apt-get install wondershaper

$ sudo wondershaper {interface} {down} {up}

the {down} and {up} are bandwidth in kpbs

So for example if you want to limit the bandwidth of interface eth1 to 256kbps downlink and 128kbps uplink,

$ sudo wondershaper eth1 256 128

To clear the limit,

$ sudo wondershaper clear eth1