Friday, 25 April, 2025
Friday, 25 April, 2025

Proposed minimum tax of Tk 2000 likely to be scrapped

English Desk
  22 Jun 2023, 10:46

The proposed minimum tax of Tk 2000 for the fiscal 2023-24 is likely to be scrapped.

The finance minister AHM Mustafa Kamal may withdraw the provision, which drew huge criticism from all quarters.

The Centre for Policy Dialogue (CPD) slammed the government saying the provision is neither justified nor ethical.  

According to the proposed budget for fiscal 2023-24, individuals -- who do not have taxable incomes -- will have to pay a minimum income tax of Tk 2,000 to avail 44 types of government services. The budget will be passed in the parliament next week.

Before that the finance bill of 2023 will be approved -- where the finance minister may withdraw the proposal, said a reliable source of National Board of Revenue (NBR).    

Comments

  • Latest
  • Popular

Pakistan FM’s visit to Dhaka postponed

'Vladimir, STOP!'

Qatar will help rebuild Bangladesh

Bangladesh reaffirms commitment to fully Implement the CHT Peace Accord

IMF keeps Bangladesh’s economic growth forecast almost unchanged

Yunus to attend Pope Francis’ funeral in Vatican

Social business can bring millions out of poverty: CA

Qatar to hire 725 Bangladeshi soldiers: Alam

Prof Yunus seeks foreign investment to tap Bangladesh’s business potential

CA places six proposals to build sustainable, equitable future

১০
BRICS-backed bank to lend $1b to Bangladesh this year
The BRICS-established New Development Bank (NDB) has planned to raise its lending to Bangladesh development
World Bank VP for South Asia in Dhaka
Martin Raiser, vice president of the World Bank (WB) for South Asia, arrived in Dhaka
CA leaves Dhaka for Davos to attend WEF
Chief Adviser Professor Dr Muhammad Yunus left here for Davos, Switzerland, at early hours of
CA to leave Dhaka for Davos tonight to attend WEF 
Chief Adviser Professor Dr Muhammad Yunus is set to leave here for Davos, Switzerland, on