The Bangladesh National Board of Revenue (NBR) has published the Finance Act 2023 and the Income Tax Act 2023, which contain measures for the National Budget 2023-24 and others. Some of the main income tax measures include:
- Standard income tax brackets/rates are set as follows:
- up to BDT 350,000 - Nil
- over BDT 350,000 up to 450,000 (next BDT 100,000) - 5%
- over BDT 450,000 up to 750,000 (next BDT 300,000) - 10%
- over BDT 750,000 up to 1,150,000 (next BDT 400,000) - 15%
- over BDT 1,150,000 up …