income tax
Highest income tax rate stays unchanged at 25%
The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.
No ray of hope for taxpayers
While the cost of living remains high, with the inflation rate hovering at over 9 percent throughout the year, no ray of hope came for the common people in the budget declared yesterday. This is upsetting for the low and middle-income groups of society.
Tax burden to get heavier, life even harder
The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.
First Tk 3.5 lakh in income still tax free
Threshold increased for women, senior citizens, physically challenged persons, third gender, freedom fighters
Govt likely to announce tax rates in advance
In the coming year, the NBR may announce tax rates that will not only be applicable for the outgoing income year 2023-24 but also for the next income year 2024-25.
42 top Ctg taxpayers honoured
The port city’s income tax department handed over the best taxpayer awards
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
It is Monem's 10th consecutive top taxpayer award from the zone
Who needs to pay Tk 2,000 minimum income tax?
The income tax law explains the issue
NBR’s back against the wall
The revenue authority desperately needs to accelerate tax collection in order to enable the country to widen its capacity to spend more from its own coffer and cut reliance on external funds, said its chief yesterday.
Ctg port’s anomalies cost govt Tk 258 crore
The state coffers were robbed of Tk 258 crore for 26 counts of irregularities by the Chattogram Port Authority between fiscal 2017-18 and 2019-20, found the Comptroller and Auditor General (CAG).
Phones, laptops, internet turned pricier in 2022
Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year.
Tax return submission deadline extended till December 31
The National Board of Revenue today extended the deadline for income tax return submission till December 31.
Tax return submission deadline may be extended till Dec 31
The National Board of Revenue (NBR) may extend by one month the deadline for the submission of income tax returns amid demands from various quarters, said officials today.
Minimise your tax, maximise your wealth
Abdul Karim is not worried about the tax liability of Tk 51,500 because he has invested enough money in the specified areas and he knows that an investment allowance is the legal way to get a tax rebate. And this tax credit will help him reduce the tax significantly.
Five things you need to do before filing tax return
Are you going to submit your tax return by November 30 this year? Then it is better to know what important things you need to check before filing the tax return.
Budget 2022-23: More tax for the rich
Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.
No individual tax for income below Tk 3 lakh
The tax-free income limit for individual taxpayer has been increased in the proposed budget for FY 2020-21.
Tax-free dividend ceiling to rise to Tk 50,000
Finance Minister AHM Mustafa Kamal proposes to rise tax-free dividend income to TK 50,000 which is now Tk 25,000.
No hike in income tax, plan to widen collection
With a plan to collect more tax, Finance Minister AHM Mustafa Kamal proposes not to increase the tax rate.