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The tax law imposes income tax at 25 percent on listed entities and 32.5 [2] percent for non-listed entities. Corporate tax rate changes announced this year include: an additional surcharge of 2.5 percent on income of companies in the tobacco sector
Two bodies; an advisory committee to reform the National Board of Revenue (NBR) and a task force to review the Income Tax Act 2023 were constituted by the Interim administration, which also launched an online return filing system for tax year 2024-25 and made the submission of online income tax returns mandatory for certain occupations.
15 2023. 16 See also. 17 ... The Bangladesh (Adaptation of Insurance Act) Order, 1972 (President's Order) ... The Income-tax Ordinance, 1984; The Bangladesh Women's ...
Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received ...
NBR is the Authority for Tax Policies and Tax Laws in Bangladesh. [1] [2] NBR collects almost 97% of Tax Revenue and almost 85% of total Revenue for the Government of Bangladesh. [3] The Customs, Excise and VAT Appellate Tribunal is a tribunal under the National Board of Revenue established in 1995. [4] [5]
The Customs Act 1969 is the basis of customs law. [12] The Income Tax Rules were promulgated by ordinance in 1984. [13] Value Added Tax was revised with the Value Added Tax (VAT) and Supplementary Duty (SD) Act 2012. [14] The Municipal Taxation Act 1881 governs municipal taxes. [15]
10% health insurance (CASS) 10% income tax after CAS and CASS; Self employed (PFA): 25% CAS if earning more than 12 minimum wages in a year; 10% CASS, taxable sum capped at 12 minimum wages per year, e.g. you pay a maximum of 2280 RON as CASS contribution in 2018 if you earn over RON 22,800 for the whole year) 10% income tax
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