Bangladesh personal income tax rates for assessment year 2010 - 2011 is progressive up to 25%.
Bangladesh Income Tax Rates for individuals other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers - Assessment Year 2010 - 2011
First BDT 1,65,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 3,75,000 20%
Rest Amount 25%
Bangladesh Income Tax Rates for female taxpayers, senior taxpayers of age 65 years and above - Assessment Year 2010 - 2011
irst BDT 1,80,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 3,75,000 20%
Rest Amount 25%
Bangladesh Income Tax Rates for retarded taxpayers - Assessment Year 2010 - 2011
First BDT 2,00,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 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%
Income tax is one of the main sources of revenue in Bangladesh. It is a progressive tax system. Bangladesh Income tax is imposed on the basis of ability to pay. The more a taxpayer earns the more tax he should pay. This is the basic principle of charging income tax in Bangladesh. The tax system aims at ensuring equity and social justice. Tax rates in Bangladesh also differs between male and female individuals.
Time to submit income tax return: Unless the date is extended, by the 30th day of September next following the income year.
Who should submit Income Tax Return ?
- If total income of any individual (other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers) during the income year exceeds Tk 1,65,000/-.
- If total income of any female taxpayer, senior taxpayer of 65 years during the income year exceeds Tk 1,80,000/-
- If total income of any retarded taxpayer during the income year exceeds Tk 2,00,000/-.
- If any person was assessed for tax during any of the 3 years immediately preceding the income year.
- A person who lives in any city corporation/paurashava/divisional HQ/district HQ and owns a building of more than one storied and having plinth area exceeding 1,600 sq. feet/owns motor car/owns membership of a club registered under VAT Law.
- If any person subscribes a telephone.
- If any person runs a business or profession having trade license and operates a bank account.
- Any professional registered as doctor, lawyer, income tax practitioner, Chartered Accountant, Cost & Management Accountant, Engineer, Architect and Surveyor etc.
- Member of a Chamber of Commerce and Industries or a trade Association.
- Any person who participates in a tender.
- A person who has a Taxpayer's Identification Number (TIN).
- Candidate for Union Parishad, Paurashava, City Corporation or Parliament elections.
- Any company registered under Companies Act, 1930 or 1994
Added by: Kajol,Name of Sweets
Bangladesh Income Tax Rates for individuals other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers - Assessment Year 2010 - 2011
First BDT 1,65,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 3,75,000 20%
Rest Amount 25%
Bangladesh Income Tax Rates for female taxpayers, senior taxpayers of age 65 years and above - Assessment Year 2010 - 2011
irst BDT 1,80,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 3,75,000 20%
Rest Amount 25%
Bangladesh Income Tax Rates for retarded taxpayers - Assessment Year 2010 - 2011
First BDT 2,00,000 Nil
Next BDT 2,75,000 10%
Next BDT 3,25,000 15%
Next BDT 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%
Income tax is one of the main sources of revenue in Bangladesh. It is a progressive tax system. Bangladesh Income tax is imposed on the basis of ability to pay. The more a taxpayer earns the more tax he should pay. This is the basic principle of charging income tax in Bangladesh. The tax system aims at ensuring equity and social justice. Tax rates in Bangladesh also differs between male and female individuals.
Time to submit income tax return: Unless the date is extended, by the 30th day of September next following the income year.
Who should submit Income Tax Return ?
- If total income of any individual (other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers) during the income year exceeds Tk 1,65,000/-.
- If total income of any female taxpayer, senior taxpayer of 65 years during the income year exceeds Tk 1,80,000/-
- If total income of any retarded taxpayer during the income year exceeds Tk 2,00,000/-.
- If any person was assessed for tax during any of the 3 years immediately preceding the income year.
- A person who lives in any city corporation/paurashava/divisional HQ/district HQ and owns a building of more than one storied and having plinth area exceeding 1,600 sq. feet/owns motor car/owns membership of a club registered under VAT Law.
- If any person subscribes a telephone.
- If any person runs a business or profession having trade license and operates a bank account.
- Any professional registered as doctor, lawyer, income tax practitioner, Chartered Accountant, Cost & Management Accountant, Engineer, Architect and Surveyor etc.
- Member of a Chamber of Commerce and Industries or a trade Association.
- Any person who participates in a tender.
- A person who has a Taxpayer's Identification Number (TIN).
- Candidate for Union Parishad, Paurashava, City Corporation or Parliament elections.
- Any company registered under Companies Act, 1930 or 1994
Added by: Kajol,Name of Sweets
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