WebFeb 1, 2024 · Under the new regime, taxpayers will pay 10%, 15%, 20% and 25% for incomes between Rs 5 to Rs 7.5 lakh, Rs 7.5 to Rs 10 lakh, Rs 10 to Rs 12.5 lakh and Rs 12.5 to Rs 15 lakh, respectively. The same income tax slab (new) structure will be continued for FY 2024-22 as well. Income Tax Slab Rates FY 2024-22 (New Tax Regime structure) Budget 2024 WebFeb 1, 2024 · Standard deduction of Rs. 50,000 for salaried individuals, deduction for family pension up to Rs. 15,000. Highest surcharge rate reduced from 37% to 25%, max personal …
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WebNew tax regime slab rates are not differentiated based on age group. However, under the old tax regime, the basic income threshold exempt from tax for senior citizens (aged 60 to 80 years) and super senior citizens … WebSep 15, 2024 · Your total taxable income is BDT 880,000 (580,000+300,000). But when you will calculate your tax liability you have to set aside the income from interest of savings instruments as it falls under the final settlement. So your tax liability will be BDT 33,000 { (880,000-300,000)X10%} excluding income from interest on savings instruments. great expressions westland
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WebJun 30, 2024 · © 2024 Deloitte Bangladesh Impact on Income Tax and VAT Finance Act 2024 3 Company type AY 2024-21 AY 2024-22 Change Non-listed companies (e.g., … WebFinance Minister Mustafa Kamal is planning to keep the individual tax rate unchanged in the proposed national budget for the fiscal year 2024-22. The threshold of tax-free income was raised to Tk 300,000 per annum, from Tk 250,000, in the spending plan for FY21 owing to the slump in personal income due to the coronavirus pandemic. WebJun 3, 2024 · The government had previously raised the tax-free ceiling from Tk2.5 lakh to Tk3 lakh in the budget for fiscal 2024-21. To make business easier, the finance minister proposed to reduce the tax burden for the industrial entrepreneurs of Bangladesh and decrease the Advance Tax (AT) from 4% to 3% for the import of raw materials for industries. flipside up with jj