![]() ![]() ![]() ![]() We have given you 1.5 hrs to come with the figures- You are embarrassing the Government, coming here asking a massive tax break for 17 yrs. He bluntly stated “This is embarrassing Chairman. After the recess, Dr Harsha was shocked at the incompetence. Harsha the responsible Economist/ Politician for his intelligence and patience. When Dr Harsha further questioned BOI said it is not Rs 23 MN but USD 23 MN and it is calculated for 10 years, while the application sought is for 17 years.Ī further shocker- not knowing the benefit calculated is in Rupees or USD and whether the calculation is for the 17 year period requested or 10 years as claimed as calculated. If the information is to be obtained from the Company-then what do you need a BOI for?Īfter the “recess” the BOI team came back and said they contacted the company and the tax benefit is Rs 23 Mn. BOI Chairman said he is going to call the Company HCL to get the figures. Unable to get the very basic information- Dr Harsha gave additional time for the BOI team to go to a Committee room, call BOI office staff -find the information and come back to the meeting. Harsha De Silva refused to approve the request. One Mn, 5 Mn, 1 Bn, or 500 Bn? It was like addressing a bunch of kindergarten kids. ![]() What is the Tax exemption sought – Is it Rs. ĭr Harsha asked Is there anyone here to give an answer. All kinds of excuses and irrelevant facts were presented by the Chairman. The BOI Chairman was even unable to distinguish between revenue and profit. None of them were able to answer this simple and vital question. At the meeting the BOI was represented by the BOI Chairman and 6 other BOI Directors. ![]()
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