Taxation

Tax Rate (Assessment Year- 2010-2011) :


Other than Company :

For individuals (other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers), tax payable for the

First 1,65,000/- Nil
Next 2,75,000/- 10%
Next 3,25,000/- 15%
Next 3,75,000/- 20%
Rest Amount 25%

For female taxpayers, senior taxpayers of age 65 years and above, tax payable for the

First 1,80,000/- Nil
Next 2,75,000/- 10%
Next 3,25,000/- 15%
Next 3,75,000/- 20%
Rest Amount 25%

For retarded taxpayers, tax payable for the

First 2,00,000/- Nil
Next 2,75,000/- 10%
Next 3,25,000/- 15%
Next 3,75,000/- 20%
Rest Amount 25%

Minimum tax for any individual assessee is Tk. 2,000

Non-resident Individual 25% (other than non-resident Bangladeshi)

On Dividend income 20%

For Companies

Publicly Traded Company 27.5%

Non-publicly Traded Company 37.5%

Bank, Insurance & Financial Company 42.5%

Mobile Phone Operator Company 45%

Publicly Traded Mobile Operator Company 35%

If any publicly traded company (excluding Mobile Operator Company) declares more than 20% dividend, 10% rebate on total tax allowed.

Tax Rebate for investment :

Rate of Rebate:

Amount of allowable investment is either actual investment in a year or up to 25% of total income or Tk. 10,00,000/- whichever is less. Tax rebate amounts to 10% of allowable investment.

Types of investment qualified for the tax rebate are :-

 Life insurance premium ,

 Contribution to deferred annuity ,

 Contribution to Provident Fund to which Provident Fund Act, 1925 applies ,

 Self contribution and employer's contribution to Recognized Provident Fund ,

 Contribution to Super Annuation Fund ,

 Investment in approved debenture or debenture stock, Stocks or Shares ,

 Contribution to deposit pension scheme approved by the government,

 Contribution to Benevolent Fund and Group Insurance premium ,

 Contribution to Zakat Fund ,

 Donation to charitable hospital approved by National Board of Revenue ,

 Donation to philanthropic or educational institution approved by the Government ,

 Donation to socio-economic or cultural development institution established in Bangladesh by Aga Khan Development Network ,

 Donation to ICDDR,B, Dhaka Community Hospital,

 Donation to philanthropic institution- CRP, Savar, Dhaka,

 Donation upto five lac to
(1) Shishu Swasthya Foundation Hospital Mirpur, Shishu Hospital, Jessore and Hospital for Sick Children, Satkhira run by Shishu Swasthya Foundation, Dhaka,
(2) Diganta Memorial Cancer Hospital, Dhaka,
(3) The ENT and Head-Neck Cancer Foundation of Bangladesh, Dhaka; and
(4) Jatiya Protibandhi Unnayan Foundation, Mirpur, Dhaka;

 Asiatic Society of Bangladesh;

 Muktijudha Jadughar;