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The Kerala High Court recently clarified that software developed and customised for a specific user is a “good” and not a "service" for the purpose of taxation.
The government is planning on digitising 80% of information and processes on government services by 2023 and 100% by 2025, as per Finance Minister AHM Mustafa Kamal in his latest proposal of the National Budget 2023-24.
Bangladesh Budget 2023-24: The prices of imported software are set to increase after Finance Minister AHM Mustafa Kamal proposed to increase the import duty from 5% to 25% on imported software in the proposed budget for the next fiscal year 2023-24.
Bangladesh Bank is planning on launching a digital bank with an AI-based credit rating system that can spot fake borrowers, as per Finance Minister AHM Mustafa Kamal in his latest proposal for the National Budget 2023-24.