Bangladesh Income Tax Calculator
Calculate your annual individual income tax, salary deductions under the Income Tax Act 2023 (আয়কর আইন ২০২৩), tax rebate on DPS and savings certificates, and zone-based minimum tax obligations.
Monthly Employment Salary Breakdown
Approved Investments (Tax Rebate)
15% Max RebateIncome Tax Slab Breakdown (NBR FY 2024-2026)
| Slab Bracket | Rate | Tax (৳) |
|---|
Understanding Individual Income Tax in Bangladesh (Income Tax Act 2023)
The Income Tax Act 2023 enacted significant structural reforms over the legacy 1984 Ordinance. For salaried private and public sector employees, medical, conveyance, and house rent exemptions have been standardized into an automatic deduction of one-third of gross salary receipts or ৳4,50,000, whichever is less.
Allowable Rebate Investments
Investments that qualify for the 15% tax credit under Section 78 include deposit pension schemes (DPS) up to ৳1,20,000 annually, National Savings Certificates (Sanchayapatra), life insurance premiums (up to 10% of sum assured), government treasury bonds, and secondary trading shares on the Dhaka Stock Exchange.
Mandatory Proof of Return
Under Section 264 of the Act, Proof of Submission of Return (PSR) is mandatory to avail 43 essential civic and financial services in Bangladesh, including obtaining bank loans exceeding ৳5,00,000, opening trade licenses, car registration, and credit card applications.
e-Return & Digital Filing
The National Board of Revenue mandates individual tax filing via the verified portal etaxnbr.gov.bd. Salaried and zero-tax taxpayers can submit one-page simplified returns without visiting field tax circle offices.
Frequently Asked Questions: Bangladesh Income Tax
What are the income tax slabs for individual taxpayers in Bangladesh?
Under the National Board of Revenue (NBR) Income Tax Act 2023, individual tax rates are: First ৳3,50,000 at 0% (৳4,00,000 for women & seniors 65+; ৳4,75,000 for disabled individuals; ৳5,00,000 for gazetted freedom fighters), next ৳1,00,000 at 5%, next ৳4,00,000 at 10%, next ৳5,00,000 at 15%, next ৳5,00,000 at 20%, and the remainder at 25%.
How is the salary income exemption calculated under the Income Tax Act 2023?
Under the 2023 tax law, one-third of total employment receipts (salary, allowances, bonuses) or ৳4,50,000—whichever is lower—is exempted from tax as an allowable statutory deduction. The remaining two-thirds (or balance above ৳4,50,000) constitutes taxable employment income.
What is the minimum tax rule for individual taxpayers in Bangladesh?
If an individual taxpayer's taxable income exceeds the tax-free ceiling, the minimum tax payable cannot be less than: ৳5,000 for residents of Dhaka and Chattogram City Corporation areas; ৳4,00,0 for other City Corporation areas; and ৳3,000 for municipal and rural areas outside city corporations.
How is the investment tax rebate calculated in Bangladesh?
Taxpayers who invest in approved assets (DPS up to ৳1,20,000 annually, National Savings Certificates, stock market listed shares, life insurance, treasury bonds) receive a tax rebate equal to 15% of allowable investment, 3% of total taxable income, or ৳10,00,000, whichever is lowest.
What is the deadline for filing annual income tax returns in Bangladesh?
The statutory annual return filing deadline (National Tax Day) for individual taxpayers in Bangladesh is November 30 following the end of the fiscal income year (July 1 to June 30). Returns can be filed electronically through the NBR e-Return portal (etaxnbr.gov.bd).