income tax
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.
Honour for top taxpayers
For the first time, the government yesterday honoured 84 families from across the country with the title “Kar Bahadur” or tax icons for paying high amounts of tax with exemplary compliance for a long time.
Newspaper owners must pay staff’s income tax: SC
The Supreme Court upholds a wage board provision that instructs the owners of newspapers and news agencies to pay the income tax of their employees.
Tax office to be set up at upazila level: Muhith
The government undertakes initiative to set up tax office at the upazila level across the country, Finance Minister Abul Maal Abdul Muhith tells parliament.
Tax return submission deadline now Nov 30
Individual taxpayers have received two months more to submit their returns for the current fiscal year.
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.
Honour for top taxpayers
For the first time, the government yesterday honoured 84 families from across the country with the title “Kar Bahadur” or tax icons for paying high amounts of tax with exemplary compliance for a long time.
Newspaper owners must pay staff’s income tax: SC
The Supreme Court upholds a wage board provision that instructs the owners of newspapers and news agencies to pay the income tax of their employees.
Tax office to be set up at upazila level: Muhith
The government undertakes initiative to set up tax office at the upazila level across the country, Finance Minister Abul Maal Abdul Muhith tells parliament.
Tax return submission deadline now Nov 30
Individual taxpayers have received two months more to submit their returns for the current fiscal year.
