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The tax holiday facility in the ICT sector of the country will remain in force this year as well, said Salman F Rahman, Private Industry and Investment Adviser to the Prime Minister.
“I had an opportunity to talk to the Prime Minister about the issue of tax exemption. The Prime Minister assured to consider the proposal in view of the request to impose taxes consistently and rationally in different periods. This time the budget will inform how long the tax exemption can be”, he said while speaking as the chief guest at an event held at the Hotel Radisson Blu in the capital where the newly elected Executive Council (2024-2026) of Bangladesh Association of Software and Information Services (BASIS) took oath.
“You have to be vocal about what kind of policy support is needed for the domestic ICT sector to keep pace with the pace at which the world's technology is advancing. While tax exemptions are important, what kind of policy do you need for the next level?
AI, block chain, big data need to be looked at because programmers will lose the most jobs in the future. So now they have to train to the next level. The government should be guided in this matter from the BASIS”, he added.
The State Minister for Posts, Telecommunication and Information Technology Zunaid Ahmed Palak, MP, State Minister for Commerce Ahasanul Islam (Titu), MP, were present at the programme as special guests, while FBCCI President Mahbubul Alam were present as guest of honour, according to a media release.
At the ceremony, Russell T Ahmed, President of BASIS, M Rashidul Hasan, Senior Vice President of BASIS, Syed Mohammad Kamal, Vice President (Admin) and Iqbal Ahmed Fakhrul Hasan, Vice President (Finance), and the newly elected Directors of BASIS Md Mostafizur Rahaman Sohel, Didarul Alam, M Asif Rahman, Dr Muhammad Risalat Siddique, Mir Shahrukh Islam, Biplob Ghosh Rahul and Syed Abdullah Jayed took oath.
A Towhid, Founder president of BASIS, administered the oath to the newly elected executive council at the event.