Withdraw all taxes on e-commerce: FBCCI
With the speculation of the possible arrival of e-commerce giants Amazon and Alibaba in Bangladesh in 2017, the domestic sector is still at a nascent stage of development. This thought was shared by the president of the E-commerce association, E-CAB, at a discussion on the aspect of IT in the proposed budget for FY17, at the FBCCI office. The FBCCI president also compared the robust and sustained growth of the RMG sector, which was possible only through continuous government support. He urged this to be replicated to the E-commerce sector as well, a USD$500 bn market globally, with healthy allocations for entrepreneurial loans and waver until of taxes until 2024.
With the speculation of the possible arrival of e-commerce giants Amazon and Alibaba in Bangladesh in 2017, the domestic sector is still at a nascent stage of development. This thought was shared by the president of the E-commerce association, E-CAB, at a discussion on the aspect of IT in the proposed budget for FY17, at the FBCCI office. The FBCCI president also compared the robust and sustained growth of the RMG sector, which was possible only through continuous government support. He urged this to be replicated to the E-commerce sector as well, a USD$500 bn market globally, with healthy allocations for entrepreneurial loans and waver until of taxes until 2024.
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