ICT sector to get priority in upcoming budget: Muhith

Finance Minister AMA Muhith  yesterday  said ICT sector will get priority in the upcoming budget for the fiscal year 2018-19, reports BSS.

“Next budget will be an IT business-friendly one. . . the sector will continue to get the government’s support,” said the

finance minister during a meeting with BASIS executive council members.

During the meeting some important issues such as tax, VAT on Software and IT/ITES products and services, issuing tax exemption certificate from NBR came up for discussion, said a media release of Bangladesh Association of Software and Information Services (BASIS).

BASIS emphasized that the government should take initiatives to encourage local organizations to use locally developed software and IT services.

The BASIS delegation assured the finance minister that BASIS will continue its cooperation in building Digital Bangladesh.

The finance minister said development in the ICT industry of Bangladesh has set a benchmark for other countries and in this development process BASIS has been working closely with the government.

BASIS senior vice president Farhana A Rahman, Shoeb Ahmed Masud, vice president (admin), Mushfiqur Rahman, vice president (finance) Mustafa Rafiqul Islam and director Didarul Alam were present at the meeting.

 

ICT sector to get priority in upcoming budget: Muhith

Finance Minister AMA Muhith yesterday said ICT sector will get priority in the upcoming budget for the fiscal year 2018-19, reports BSS. Next budget will be an IT business-friendly one. . . the sector will continue to get the governments support, said the finance minister during a meeting with BASIS executive council members. During the meeting some important issues such as tax, VAT on Software and IT/ITES products and services, issuing tax exemption certificate from NBR came up for discussion, said a media release of Bangladesh Association of Software and Information Services (BASIS). BASIS emphasized that the government should take initiatives to encourage local organizations to use locally developed software and IT services. The BASIS delegation assured the finance minister that BASIS will continue its cooperation in building Digital Bangladesh. The finance minister said development in the ICT industry of Bangladesh has set a benchmark for other countries and in this development process BASIS has been working closely with the government. BASIS senior vice president Farhana A Rahman, Shoeb Ahmed Masud, vice president (admin), Mushfiqur Rahman, vice president (finance) Mustafa Rafiqul Islam and director Didarul Alam were present at the meeting.