Wednesday 20 November 2019 ,
Latest News
Rajdhani Supermarket fire under control | Quader urges transport strikers not to sufferings of people | Railway staff responsible for Brahmanbraia train accident: Prove bodies | Rifat murder: Charge-framing against 10 accused Nov 28 | Fire at Rajdhani Supermarket in Tikatuli under control |
17 June, 2019 10:27:29 AM

Print

ICT leaders seek removal of different taxes in proposed budget

Staff Reporter
ICT leaders seek removal of different taxes in proposed budget
Syed Almas Kabir, president of BASIS, speaks at a press conference jointly organised by the different ICT trade bodies at a hotel in the capital yesterday. photo: courtesy

Leaders from the different Information and Communication Technology (ICT) associations yesterday asked to bring a total of 11 changes in the proposed budget of fiscal year 2019-20.

During a press conference jointly organised by the different ICT trade bodies at a hotel in the capital, the leaders of those organisations unanimously praised the national budget but said those changes will give impetus to the ICT sector.

Bangladesh Association of Call Center and Outsourcing (BACCO), Bangladesh Association of Software and Information Services (BASIS), Bangladesh Computer Samity (BCS) and Internet Service Providers Association of Bangladesh (ISPAB) jointly organised of the event.

No representatives of e-commerce association of Bangladesh (ECAB) were present at the press conference even though e-CAB was one of the organisers.

Speaking on the occasion, Syed Almas Kabir, president of BASIS said they are “overall happy” about the proposed budget.

“The budget for the ICT sector has been increased by Tk 2176 crore from the previous fiscal year’s budget. We are hoping that this money will be spent on creating efficient manpower and adequate infrastructure.”

Almas also lauded the allocation of Tk 100 crore for the startups saying this would increase the innovations and budding startups in Bangladesh.

The BASIS president however said they wanted an allocation of Tk 500 crore in the technical assistant project.

“Our programmers and engineers are now working on various large projects. An allocation of Tk 500 crore in the technical assistance ship project could have given them impetus to venture out for larger projects,” he said.

He also said the government should lessen the tax imposed on fiber optics, e-commerce and Nationwide Telecommunication Transmission Network (NTTN) sectors.

Alamas said the government should reduce tax on the virtual business. “The government in this budget has imposed a 7.5 per cent tax on virtual business. We are asking the government to remove it so that e-commerce business can grow in Bangladesh.”

He said the government should remove 5 per cent VAT from IT enabled services. “We also urge the government to change the definition of ITES,” he said.

Alamas urged the government to remove tax and VAT on the import of cyber security software.

BCS President Shahidul Munir said the government should keep monitors up to 24 inch tax free. “No one produces 22-inch monitor anymore. The least size of monitor is 24 inch. So we are placing our demands to make the import of 24-inch monitor tax free.”

ISPAB meanwhile ask for removal of 5 per cent regulatory duty from fiber optic cable and 5 percent VAT on NTTN.

MA Hakim, president of ISPAB said the data transmission through fiber optic and NTTN is already very costly and because of that the price of internet becomes pricier outside of Dhaka.

“So such added tax and VAT on fiber optic and NTTN would create impediments in increasing the number of broadband users. If the number of broadband users is increased by 10 per cent it would increase the GDP by one per cent,” he said.

KK

 

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 47.3%
No 48.7%
No Comment 4.1%
Video
More Business Stories
Biman waives cargo charge on onion import The civil aviation and tourism ministry on Wednesday decided that the Biman Bangladesh Airlines will waive its cargo handling charge for any airlines that will import onion. “Biman charges Taka 18 per kg for perishable goods,…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting