BASIS seeks tax exemption for three more years
Unb, Dhaka
Bangladesh Association of Software and Information Services (BASIS) has appealed to the government to continue the tax exemption for the industry for next three years to help it flourish properly.The appeal came when a BASIS delegation met Finance Adviser Dr Mirza Azizul Islam at his Secretariat office yesterday. "We requested the adviser to continue the tax exemption, which will end this fiscal year, for the next three years," BASIS President Sarwar Alam said after the meeting. The BASIS delegation also urged the government to allow special rates for the software firms to get the submarine cable connection. They urged the finance adviser to take necessary steps to confirm the 2 percent investment in the IT sector by all ministries. The government in 2002 decided to invest at least 2 per cent in the IT sector development. "But it did not work till now," BASIS Director M Shoeb Chowdhury said. The BASIS leaders requested the finance adviser to allocate a separate fund for Enterprise Equity. At present, the Fund is getting money from the government for disbursement in the IT and agriculture sectors. "We urged the government to separate the Fund, whatever the allocation is, for the IT sector," said BASIS president.
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