Non-residents other than Bangladeshi non-residents shall pay tax on the total income at the rate of 30%.
Minimum tax payable by an assessee is as follows:
|
Location |
Minimum tax |
|
Within Dhaka and Chattogram City Corporation |
Tk. 5,000 |
|
Any other City Corporation |
Tk. 4,000 |
|
Other than City Corporation |
Tk. 3,000 |
Surcharge is payable by an individual assessee on total tax payable if the total net worth of the assessee exceeds Tk. 30 million in the following manner:
|
Total net worth |
Rate |
|
Up to Tk. 30 million (3 Crore) |
Zero |
|
Over Tk. 30 million(3 Crore) to Tk. 100 million (10 Crore) or owner of more than 1 motor car or owner of a flat of 8,000 square feet size within City Corporation area |
10% |
|
Over Tk. 100 million (10 Crore) to Tk. 200 million (20 Crore) |
20% |
|
Over Tk. 200 million (20 Crore) to Tk. 500 million (50 Crore) |
30% |
|
Over Tk. 500 million (50 Crore) |
35% |
|
S.L |
Total Income |
Rate of tax |
Tax amount |
|
1 |
On 1st 300,00 |
Nil |
|
|
2 |
On 2nd 100,00 |
5% |
5,000 |
|
3 |
On 3rd 3,00,000 |
10% |
30,000 |
|
4 |
On 4th 4,00,000 |
15% |
60,000 |
|
5 |
On 5th 5,00,000 |
20% |
100,000 |
|
6 |
Remaining |
25% |
- |
1. Tax free income for women and individual above 65 age-350,000
2. Tax free income for person with disability 450,000
3. Tax free income for Gazetted freedom Fighter 475,000
In case of parent/legal guardian of a physically challenged person, he/she (only one assessee if father and mother both are taxpayer) will get a further initial exemption of Tk. 50,000 in addition to above limit.
All taxpayers who will file their tax return first time through online will enjoy tax rebate of Tk. 2,000.
