It has been proposed to exempt taxes from the income from the IT freelancing profession till 2024.
The proposal was made by Finance Minister AHM Mustafa Kamal while presenting the budget for the fiscal year 2021-22 in the National Assembly on Thursday.
The Finance Minister said, “I am proposing tax exemption till 2024 on income generated from cloud services, system integration, e-learning platforms, e-book publications, mobile application development services and IT freelancing services. I am also proposing to pay 10 years tax exemption conditionally if some IT hardware is manufactured in Bangladesh”.
The size of this year’s budget has been proposed to be 6 lakh 3 thousand 81 crore. Of this, there is a deficit of Tk 2 lakh 14 thousand 81 crore.