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Bangladesh Publishes Finance Act 2024 Including Individual and Corporate Income Tax Rate Changes

|Approved Changes|Bangladesh
Bangladesh

The Bangladesh National Board of Revenue (NBR) has published the Finance Act 2024, which contains the measures of the National Budget for 2024-25. Some of the main tax measures concern individual taxation, which include:

  • Maintaining the tax-free income thresholds for individuals as follows:
    • general taxpayer - BDT 350,000
    • women and senior citizens above 65 years of age - BDT 400,000
    • physically challenged persons - BDT 475,000
    • war wounded freedom fighter - BDT 500,000
    • third gender taxpayers -…

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