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Regular requirements of Income Tax required to comply by a company/Branch

office/Liaison office/Bank/Non-Banking Financial Institutions/Insurance


company/NGOs etc.

In light of Finance Act, 2018

Compiled By: Masum Gazi


Senior-Assistant Manager
ACNABIN Chartered Accountants
LinkedIn: Masum Gazi
Contact: +8801935131132

1. Deduction of Tax from different source of Income:

➢ As per provision of Section 48 of the ITO 1984, tax shall be deducted at source from
sources of income mentioned in section 49.
➢ According to section 49 “Tax payable under this Ordinance shall be deducted or
collected at source in respect of the following income, namely: - (Rate of deduction is
attached in Schedule-1)

✓ income classifiable under the head “Salaries”;


✓ income from discount on the real value of Bangladesh Bank bills;
✓ income derived on account of supply of goods, execution of contracts or services
rendered;
✓ income derived by the importers on account of import of goods;
✓ income derived on account of indenting commission;
✓ income derived on account of winnings from lottery or crossword puzzles, as
referred to in section 19 (13);
✓ any income chargeable under this Ordinance which is paid or payable to a non-
resident;
✓ income classifiable under the head “Income from house property;
✓ income derived on account of export of manpower;
✓ income derived on account of purchase by public auction;
✓ income derived on account of acting in films;
✓ income derived on account of shipping agency commission;
✓ income derived from commission, discount or fees payable to distributors for
distribution or marketing of manufactured goods;
✓ income derived on account of interest on saving deposits, fixed deposits or term
deposits and share of profit on term deposits;
✓ income derived on account of payment from workers’ participation fund;
✓ income derived on account of insurance commission;
✓ income classifiable under the head “Capital gains”;
✓ income derived on account of fees for professional or technical services;
✓ income derived on account of manufacture of cigarettes manually without any
mechanical aid whatsoever;
✓ income derived from compensation against acquisition of property;
✓ income derived on account of interest on savings instruments;
✓ income derived on account of running of brick field;
✓ income derived on account of services rendered by the doctors;
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Compiled By: Masum Gazi
✓ income derived on account of commission of letter of credit;
✓ income derived on account of survey by a surveyor of general insurance company;
✓ income derived on account of commission, remuneration or charges as a foreign
buyer’s agent;
✓ income from dividends.
✓ income derived on account of rendering certain services;
✓ income derived on account of shipping business carried on both inside and outside
Bangladesh by a resident assessee.
✓ income derived on account of business of real estate and land developer;
✓ income derived by an exporter on account of export of any commodity;
✓ income derived by a member of a stock exchange on account of transaction of shares,
debentures, mutual funds, bonds or securities;
✓ income derived on account of courier business of a non-resident;
✓ income derived on account of export cash subsidy;
✓ on account of renewal of trade license;
✓ income derived on account of freight forward agency commission;
✓ income derived on account of rental power;
✓ income derived on account of interest of Post Office Savings Bank Account;
✓ income derived on account of rental value of vacant land or plant or machinery;
✓ income derived on account of advertisement;
✓ income derived by foreign technician serving in a diamond cutting industry;
✓ income derived from transfer of securities or mutual fund units by sponsor
shareholders of a company etc.;
✓ deduction of tax from residents for any income in connection with any service
provided to any foreign person;
✓ income derived on account of international gateway service in respect of phone call;
✓ collection of tax from manufacturer of soft drink;
✓ income derived from insurance policy;
✓ deduction of tax from local letter of credit (L/C);
✓ income derived from any fees, revenue sharing, etc. from cellular mobile phone
operator;
✓ income from transfer of share of any stock exchange;
✓ income from transfer of share of company listed in any stock exchange;
✓ income derived from lease of property;
✓ deduction of tax from any sum paid by real estate developer to land owner.

2. Deposit of tax deducted/collected at source within time limit:

➢ In accordance with provision of Section 57 of the Income Tax Ordinance, 1984 in


conjunction with rule 13 of the Income Tax Rules, 1984, income tax deducted/collected
at source at the time of making payment to servicer renderer/supplier has to be
deposited in the following manner:

Sl. Time of deduction or Date of payment to the credit of the


collection Government

1. in case of deduction or collection within two weeks from the end of the
made in any month from July to month in which the deduction or
May of a year collection was made

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Compiled By: Masum Gazi
2. in case of deduction or collection within seven days from the date in
made in any day from the first to which the deduction or collection was
the twentieth day of June of a made
year

3. in case of deduction or collection The next following day in which the


made in any other dates of the deduction or collection was made
month of June of a year

4. in case of deduction or collection on the same day on which the deduction


in the last two working days of or collection was made
the month of June of a year

➢ Where a person fails to comply accordingly, he shall be deemed to be an assessee in


default and shall be personally liable to pay-

(i) The amount of tax that has not been deducted or collected;

(ii) The amount which was required to be deducted or collected as reduced by


the amount that has been actually deducted or collected;

(iii) The amount that, after being collected and deducted, has not been paid to
the credit of the Government.

➢ In addition to the amount as aforementioned, the person shall be liable to pay an


additional amount at the rate of 2% per month on the amount so fell short (for a period
of maximum 02 years).

3. Monthly statement of Tax deduction/collection at source under rule 18 and 21:

➢ In accordance with sub-section 3 of section 58 of the Income Tax Ordinance, 1984 every
person who has deducted or collected any tax shall furnish a statement to such income
tax authority and in such manner as may be prescribed in corresponding rule 18 and 21
of the Income Tax Rules, 1984.

➢ As per sub-rule 7 of rule 18 of the Income Tax Rules, 1984 a monthly statement, in the
proforma as prescribed therein, of the tax deducted and collected by the entity (except
from salary), has to be submitted to the concerned Deputy Commissioner of Taxes of the
entity by 20th day of the following month.

➢ As per sub-rule 1 of rule 21 of the Income Tax Rules, 1984 where a deduction is made
under section 50 from the salaries of employees, a monthly statement, in the proforma
given therein, has to be submitted to the Deputy Commissioner of Taxes under whose
jurisdiction the employee is assessed by the 20thday of the following month.

4. Advance Income Tax under section 64:

➢ As per provision of section 66 of the Income Tax Ordinance, 1984 advance tax is payable
in four equal installments on the 15th day of September, December, March and June of
the financial year and an amount computed in the manner as stated in section 65 of the
Ordinance.

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Compiled By: Masum Gazi
➢ If any assessee estimates that the tax payable by him is likely to be less than the
amount of tax as computed under section 65, he may, after giving the DCT an estimate
of the tax payable, pay such estimated amount of advance tax.

➢ If as per the estimation, no advance tax is payable for the said quarter, the assesse need
to inform concerned income tax authority accordingly with proper information.

Noted that applying this provision may cause to rise a risk of imposition of interest
under section 73 if the tax so paid (advance tax) falls short from 75% of assessed tax, at
the rate of 10% on such shortfall.

➢ Failure to comply with sections relating to advance tax may involve penalty under
section 125 as well depending on will of the concerned Deputy Commissioner of Taxes
which is sum not exceeding the amount by which the tax actually paid by him falls short
of the amount that should have been paid.

5. Return of Withholding Tax under section 75A:

➢ As per sub-section 2 of section 75A of the Income Tax Ordinance, 1984, 1st half-yearly
return of withholding tax for the period from 01 July to 31 December is required to be
submitted within 31 January of next following and 2nd half yearly return of withholding
tax for the period from 01 January to 30 June is required to be submitted within 31 July
next following.

However, upon requesting to the concerned Deputy Commissioner of Taxes in proper


manner, the last date of submission may be extended up to fifteen days.

➢ Failure to submit the withholding income tax returns may involve penalty under section
124 of the Income Tax Ordinance 1984 which is amounting to 10% of tax imposed on
last assessed income or five thousand taka, whichever is higher.

6. Filing of Annual Salary information:

➢ Statements of salary is required to be submitted to the concerned income tax authority


under section 108 of the Income Tax Ordinance, 1984 in the format as prescribed vide
rule 23 of the Income Tax Rules, 1984 within 31 August each year.

➢ As per section 30 of ITO 1984, any payment made by way of salary to an employee for
whom the statement under section 108A was not provided shall be disallowed

➢ Failure to comply may attract penalty under section 124 of the Income Tax Ordinance,
1984 which is amounting to 10% of tax imposed on last assessed income or five
thousand taka, whichever is higher.

7. Filing of information of employee’s income tax return submission:

➢ Information regarding filing of return of employees in compliance with section 108A of


the Income Tax Ordinance, 1984 in a prescribed form vide rule 23A of the Income Tax
Rules, 1984 is to be submitted to the concerned income tax authority by 30th day of
April of each year.

➢ As per section 30 of ITO, 1984, any payment made by way of salary to an employee for
whom the statement under section 108A was not provided shall be disallowed.

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Compiled By: Masum Gazi
➢ Failure to comply may attract penalty under section 124 of the Income Tax Ordinance,
1984 which is amounting to 10% of tax imposed on last assessed income or five
thousand taka, whichever is higher.

8. Statement of dividend vide Section 110:

➢ Statements of dividend is required to be submitted to the concerned income tax


authority under section 110 of the Income Tax Ordinance, 1984 in the format as
prescribed vide rule 19 of the Income Tax Rules, 1984 within 31 August each year.

➢ Failure to comply may attract penalty under section 124 of the Income Tax Ordinance,
1984 amounting to five thousand taka, and in the case of a continuing default, a further
penalty of one thousand taka for every month or fraction thereof during which the
default continues.

9. Filing of statement of International Transaction:

➢ As per provision of Section 107EE of the Income Tax Ordinance, 1984, every person who
has entered into an international transaction shall furnish, along with the return of
income, a statement of international transactions in the form and manner as may be
prescribed. This return shall be submitted along with the income tax return.

➢ Where any person fails to comply with the provision of section 107EE of this Ordinance,
the Deputy Commissioner of Taxes may impose upon such person a penalty not
exceeding two per cent (2%) of the value of each international transaction entered into
by such person.

10. Report from an accountant to be furnished for Transfer pricing

➢ As per provision of Section 107F of the Income Tax Ordinance, 1984, every person who
has entered into international transactions accumulated value of which exceeds three
crore, and if the DCT requires to filing report, it is mandatory to file report from a
Chartered Accountant or a Cost Management Accountant.

➢ Where any person fails to furnish a report as required by section 107F of this Ordinance,
the Deputy Commissioner of Taxes may impose upon such person a penalty of a sum not
exceeding three lakh taka.

11. Filing of Income Tax Return:

➢ "As per provision of Section 75 of Income Tax Ordinance, 1984, person mentioned in
there are required to file Income Tax Return for every income year within the Tax Day.

➢ Vide section 75(5) of the Income Tax Ordinance, 1984 every income tax return has to be
submitted on or before Tax Day as specified in sub-section 62A of section 2. In the case
of a company, the fifteenth day of the seventh month following the end of the income
year or 15th September following the end of the income year where the said fifteenth
day falls before 15th September. However, the DCT may allow an extension of four
months (two months by himself and another two-month period with the approval of
Inspecting Joint Commissioner) vide section 75(6) of the ITO-1984."

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Compiled By: Masum Gazi
Schedule-1

Major sources of income subject to deduction or collection of tax at source

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017
Deduction at the average rate Deduction from salary may be deposited
Deduction at the average rate
Any person responsible for making applicable to the estimated total quarterly
Salaries (section-50) applicable to the estimated total
such payment. income of the payee under this upon prior permission of DCT.
income of the payee under this head.
head.
1
Deduction at the average rate Government Accounts Office shall issue a tax
Deduction at the average rate
Salaries (Government) [Sub- applicable to the estimated total deduction certificate in prescribed form
DDO or who making / signing a bill for applicable to the estimated total
section (1A) of section 50] income of the payee under this within the thirty first day of July following the
Govt Employee. income of the payee under this head.
head. financial year.

Deduction shall not be applicable on said bill,


Discount on the real value of if it is purchased by an approved
Any person responsible for making
2 Bangladesh Bank Bill (Section Maximum rate Maximum rate superationannuation fund or pension fund or
such payment.
50A) gratuity fund or recognized providend fund or
worker's profit perticipation fund

Payment of remuneration to Average of the rates applicable to the Average of the rates applicable to
Any person responsible for making
2(b) Member of Parliament (section- estimated total remuneration of the the estimated total remuneration of
such payment.
50B) payee for that income year. the payee for that income year.

5% upfront, in case of islamic 5% upfront, in case of islamic


Interest or profit on securities Provided that this provision shall not apply
Any person responsible for issuing any princiles, 5% of profit at the time of princiles, 5% of profit at the time of
3 (section- to theTreasury bond or Treasury bill
security or approved by govt. payment or credit whichever is payment or credit whichever is
51) issued by the Government.
earlier earlier

Compiled By: Masum Gazi


6 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017
Where base amount----------does not Where base amount----------does not Provided that –
exceed taka 15 lakh----------------------- exceed taka 15 lakh---------------------- Tax shall not be deducted in respect of clause
2% -2% (b) supply of goods at the time of purchase of
(a) execution of a contract, other
exceeds taka 15 lakh but does not exceeds taka 15 lakh but does not direct materials that constitute cost of sales
than a contract for providing or
exceed taka 25 lakh-----3% exceed taka 25 lakh------3% or cost of goods sold of a trading company
rendering a service mentioned in
or a manufacturing company, as the case
any other section of Chapter VII; exceeds taka 25 lakh but does not exceeds taka 25 lakh but does not
Specified person as mentioned in may be;
(b) supply of goods; exceed taka 1 crore----4% exceed taka 1 crore---4%
section 52 Where any imported goods on which tax has
(c) manufacture, process or
exceeds taka 1 crore but does not exceeds taka 1 crore but does not been paid at source u/s 53 is supplied, tax
conversion;
exceed taka 5 crore--5% exceed taka 5 crore----5% at source on the said supply shall be B-A,
(d) printing, packaging or binding;
exceeds taka 5 crore but does not exceeds taka 5 crore but does not where-
; (section-52, rule-16) 82C
exceed taka 10 crore--6% exceed taka 10 crore--6% A= The amount of tax paid u/s 53;
B= The amount of tax applicable under this
exceeds taka 10 crore---7% exceeds taka 10 crore---7% section if no tax were paid u/s 53

In case of oil supplied by oil In case of oil supplied by oil


marketing companies- marketing companies-
(a) Where the payment does not (a) Where the payment does not
exceed exceed
4 taka 2 lakh-------------- Nil taka 2 lakh-------------- Nil
(b) Where the payment exceeds taka (b) Where the payment exceeds
2 lakh--0.60% taka 2 lakh--0.60%

In case of oil supplied by dealer or


In case of oil supplied by dealer or
agent (excluding petrol pump
agent (excluding petrol pump
station) of oil marketing
The rate of deduction from the Specified person as mentioned in station) of oil marketing companies,
companies, on any amount-------------
following classes of person shall be- section 52 on any amount--------------1%
-1%
In case of supply of oil by any In case of supply of oil by any
company engaged in oil refinery, on company engaged in oil refinery, on
any amount- 3% any amount- 3%
In case of company engaged in In case of company engaged in
gas transmission, on any amount------- gas transmission, on any amount-----
- 3% ----- 3%

In case of company engaged in In case of company engaged in


gas distribution, on any amount-------- gas distribution, on any amount------
3% -- 3%

Compiled By: Masum Gazi


7 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

Royalties, franchise, or the fee for


using license, brand name, patent,
invention, formula, process, where base amount does not exceed where base amount does not exceed
method, design, pattern, know- taka 25 lakh-------------------------------- taka 25 lakh-------------------------------- the rate of tax shall be fifty percent (50%)
how, copyright, trademark, trade Any person responsible for making 10% 10% higher if the payee does not have a twelve-
5
name, literary or musical or artistic such payment Where base amount exceed taka 25 Where base amount exceed taka 25 digit Taxpayer’s Identification Number at the
composition, survey, study, lakh--------------12% lakh--------------12% time of making the payment.
forecast, estimate, customer list or
any other intangibles [section-52A]
82C

Deduction from the payment of


Specified person as mentioned in
6 certain services.- (section- Annexure-A Annexure-A
section 52
52AA)
C&F Agency
7 Commission (Section 52AAA) Commissioner of Customs. 10% on commission amount 10% on commission amount
82C

Manufacturer of non mechanical Any person responsible for selling “manufacture of cigarettes” means
8 Cigarettes (bidi)(section-52B- banderols to any manufacturer of 10% of the value of banderols 10% of the value of banderols manufacture of cigarettes manually without
82C cigarettes. any mechanical aid whatsoever."

(a) 2% at City Corp Area, Paurashava (a) 2% at City Corp Area,


Compensation against acquisition Any person responsible for payment of or Cantonment board; Paurashava or Cantonment board;
9 of property (Section such (b) 1% at outside City Corp Area, (b) 1% at outside City Corp Area,
52C) 82C compensation. Paurashava or Cantonment board; Paurashava or Cantonment board;

Interest on saving instruments


5% 5%
(section- Any person responsible for making
10
52D) such payment.
-82C

Compiled By: Masum Gazi


8 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

Deduction at source from payment


to a beneficiary of workers’ Any person responsible for making
11 5% 5%
participation fund.- (section- such payment.
52DD)

a. tk. 45,000 for 1 section of brick a. tk. 45,000 for 1 section of brick
field b. tk. 70,000 for 1.5 section of field b. tk. 70,000 for 1.5 section of
"Section meaning as defined in
Collection of tax from Brick Any person responsible at the of brick field brick field
12 Seasonal Brick Field VAT Rules
manufacturers (section-52F) permission or renewal c. tk. 90,000 for 2 section of brick c. tk. 90,000 for 2 section of brick
2004."
field d. tk. 150,000 for automatic field d. tk. 150,000 for automatic
machine of brick field machine of brick field

Commission of letter of credit Any person responsible for opening


13 (section 52I) letter of 5% on commission 5% on commission
credit.

I. 0.3% of total value of ticket


I. 0.3% of total value of ticket
II. In addition to the amount
II. In addition to the amount
mentioned in sub-section (1),
mentioned in sub-section (1), person Any payment on by way of
person responsible for making such
responsible for making such payment commission or incentive bonus, any other
payment shall deduct an amount
shall deduct an amount equal to benefits or allowing discounts, for selling
equal to (A/B) x C, where- “A” is the
Any person responsible for paying on (A/B) x C, where- “A” is the amount of tickets of an airline, or for carrying cargo by
amount of incentive bonus,
behalf of airlines as commission or incentive bonus, performance bonus air as advance tax.
Collection of tax from travel Agent.- performance bonus or any other
14 discount or incentive bonus or any or any other *Explanation.- For the purpose of
(Section-52JJ)-82C benefits as mentioned in subsection
other benefits for selling tickets or benefits as mentioned in subsection computation of value of tickets or charge,
(2), “B” is the amount of
caring cargo to a resident (2), “B” is the amount of commission any payment made in respect of any
commission or discount or any
or discount or any other benefits as embarkation fees, travel tax, flight safety
other benefits as mentioned in sub-
mentioned in sub-section (1), and insurance, security tax and airport tax shall
section (1), and
“C” is the amount of source tax on not be included in such value or charge.”|
“C” is the amount of source tax on
commission or discount or any other
commission or discount or any
benefits as mentioned in subsection
other benefits as mentioned in
(1).
subsection (1).

Compiled By: Masum Gazi


9 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

(a) Tk. 500 in Dhaka North & South


(a) Tk. 500 in Dhaka North & South
City Corporation or Chittagong City
City Corporation or Chittagong City
Corporation;
Collection of tax by City Corporation;
(b) Tk. 300 in any city corporation,
Corporation or Paurashava at the (b) Tk. 300 in any city corporation,
Any person responsible for renewal of other than Dhaka and Chittagong
15 time of renewal of trade license.- other than Dhaka and Chittagong city
trade license city corporation;
(Sec. corporation;
(c) Tk. 300 in any paurashava at any
52K) (c) Tk. 300 in any paurashava at any
district headquarter;
district headquarter;
(d)Tk. 100 in any other
(d)Tk. 100 in any other paurashava.]
paurashava.]

Freight forward agency Any person responsible for making


16 15% 15%
commission (section-52M) such payment.
Collection of tax on account of
17 BPDB 6% 6%
rental power.(Sec 52N)-82C
Foreign technician serving in 3 years from the appointment of such
18 diamond cutting industries Employer 5% 5% foreign technician and appointment is
(section-52O) 82C completed by 30th June 2010.

Services from convention hall, Corporation, body, authority, company, No deduction shall be made by a company
19 conference centre etc. (section- NGO, university, medical college, 5% 5% when such amount is paid directly to the
52P) dental college, engineering college. government.

No deduction for remittance from abroad


Any income in connection with any
for sales of software & services of a
20 service provided to any foreign Bank/financial institution 10% 10%
resident as it is exempted under paragraph
person (section-52Q)
33 of Part - A of 6th Schedule

1) The respective bank, in the case of


the amount of creding to the account of 1.5 % of total revenue received by 1.5 % of total revenue received by
an International Gateway (IGW) IGW services operator IGW services operator
Services operator

2) IGW services operator, in the case of


International gateway service in the amount paid or credited to the 7.5 % revenue paid or creidted to the 7.5 % revenue paid or creidted to
21 respect of Phone call (section-52R) - account of ICX, Access Network ICX, ANS and others the ICX, ANS and others
82C Services (ANS) or others

2A) In respect of outgoing


international calls, the provider of 7.5% on the whole amount so paid or 7.5% on the whole amount so paid
Interconnection Exchange (ICX) credited at the time of payment or or credited at the time of payment
services or Access Network Services creidit or creidit
(ANS)

Compiled By: Masum Gazi


10 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017
Collection of tax
4% on the value which determined
from manufacturer of soft drink,
22 SPCBL or any other Nil for Omitted by FA 2018
or mineral or bottled water
VAT
(section-52 S)

Deduction of tax from any payment


Provided that no deduction of tax shall be
23 in excess of premium paid on life Insurance company 5% on excess amount of premium 5% on excess amount of premium
made in case of death of such policy holder.
insurance policy(section-52T)
“distributor” means a person who performs
3% at the time of extending any
the function of supply of finished goods
credit facility under a local letter of
produced by another person to the end
credit or any other financing
customer directly or through any other
agreement for the purpose of trading,
intermediary.
or of reselling after process or
No tax deducted under this section where
conversion
Bank/ Financial institution Local L/C and any other financing
Deduction from payment on 1%
3% on the total proceeds exceeding agreement in respect of purchase or
24 account of local L/C (section- At the time of extending any credit
Taka 5 lakh procurement of rice, wheat, potato, onion,
52U) facility to a distributor under a
Replaced by FA 2018 garlic, peas, chickpeas, lentils, ginger,
financing arrangement against the
turmeric, dried chilies, pulses, maize, coarse
invoice or
flour, flour, salt, edible oil, sugar, black
sale of goods
pepper, cinnamon, cardamom, clove, date,
Nothing in this section shall limit the
cassia leaf computer or computer
applicability of section 52: payment
accessories, jute, cotton, yarn”and all kinds
to contractor.
of fruits.
Deduction from payment by
On account of any revenue sharing or any
cellular mobile phone operator Principal Officer of cellular mobile 10% at the time of credit or payment 10% at the time of credit or
25 license fees or any other fees or charges to the
(section- phone operator company whichever is earlier. payment whichever is earlier.
regulatory.
52V)

(a) 5% (general rate) (a) 5% (general rate)


Import (section- (b) 2% on certain imported goods (c) (b) 2% on certain imported goods
26 The Commissioner of Customs Please see Rule 17 for product list
53)82C Tk. 800 per ton in case of import of (c) Tk. 800 per ton in case of import
certain items of certain items

The government of any authority,


corporation or body or any company or Explanation.- For the purpose of this section,
any banking company or any co- "house rent" means any payment, by
House property operative bank or any NGO run or whatever name called, under any lease,
27 (section-53A, rule- supported by any foreign donation or 5% on gross rent 5% on gross rent tenancy or any other agreement or
17B) any university or medical college or arrangement for the use of any building
engineering college, any college or including any furniture, fittings and the land
school or hospital or clinic or appurtenant thereto.
diagnostic center as tenant.

Compiled By: Masum Gazi


11 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

5% of total freight received or 5% of total freight received or


receivable in or out of Bangladesh. receivable in or out of Bangladesh.
Shipping business of a resident Commissioner of Customs or any other Tax will not deduct having a certificate is
3% of total freight received or 3% of total freight received or
28 (section- authority duly authorized. received in prescribed manner from Deputy
receivable from services rendered receivable from services rendered
53AA) 82C Commissioner of Taxes concerned
between two or more foreign between two or more foreign
countries. countries.

Export of manpower
The Director General, Employment &
29 (section-53B, rule- 10% 10%
Training.
17C) 82C

1% of the total export proceeds of As per SRO 256-AIN-Income Tax-2017,


Export of knit-wear 1% of the total export proceeds of all
all goods (other than Jute Goods) dated: 01 August 2017, the Tax rate was
& woven garments, terry towel, goods (other than Jute Goods)
0.70% on export proceeds other than Jute
30 jute goods, frozen food, vegetables, Bank
0.60%of the total export proceeds products, this SRO was active till 30 June
leather goods, packed food (section- 0.60%of the total export proceeds of
of 2018, Afterwards no SRO is published by NBR
53BB)82C Jute goods
Jute goods in this regard.

Member of stock exchanges


The Chief Executive Officer of stock
31 (section- 0.10% 0.10% .
exchange.
53BBB) 82C

Export of any goods except knit- As per SRO 256-AIN-Income Tax-2017,


wear & woven garments, terry dated: 01 August 2017, the Tax rate was
1% of the total export proceeds of all 1% of the total export proceeds of
towel, jute goods, frozen food, 0.70% on export proceeds other than Jute
32 Bank goods except goods mentioned in all goods except goods mentioned in
vegetables, leather goods, packed products, this SRO was active till 30 June
section 52BB section 52BB
food (section-53BBBB)- 2018, Afterwards no SRO is published by NBR
82C in this regard.

Goods or property sold by public In case of auction of tea then 1%


33 auction (section Any person making 5% of sale price 5% of sale price of sale price.
53C, rule-17D)82C But property does not include plot of land

Deduction or collection of tax at "on the amount of service charge accrued


Any person being a company working
source from courier business of a 15% on the amount of service from the shipment of goods, documents,
34 as local agent of a non- resident courier 15% on the amount of service charge
non- resident (Sec. charge parcels or any other things outside
company.
53CCC.)-82C Bangladesh.”

Compiled By: Masum Gazi


12 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017
Payment to purchase film, drama,
Person responsible to purchase film,
radio-TV programed actors-
35(a) drama, 10% 10%
actresses (section-
radio-TV programme
53D)
Payment to actors, actress, singers,
directors of film, drama, advertise
No tax deducted if total payment does not
35(b) and any other programme The person producing the film 10% 10%
exceed tk. 10,000.
(section-
53D)
Deduction of tax at source from
export cash subsidy. (section-
36 Bank 3% 3%
53DDD)
82C

Provided that a cigarette manufacturer


company shall collect tax at the time of sale of
(1) 10% (1) 10%
Any person being a corporation, body its goods to such distributor or to such other
Commission, discount or fee (2) 1.5% on payment against (2) 1.5% on payment against
37 including a company making such persons at the rate of (3%) three per cent of
(section-53E (1) & (2) promotion, distribution or marketing promotion, distribution or
payment. the difference between the sale price to
of goods of a company marketing of goods of a company
the distributor or the other persons and the
retail price fixed by such company.

(3) 5%=selling price to


(3) 5%=selling price to
Distributor*5% [Any company,
Distributor*5% [Any company, other
other than an oil marketing
than an oil marketing company,
company, which
which
sells goods to (a) any distributor; or
sells goods to (a) any distributor; or
(b) any other person under a
(b) any other person under a
contract; at a price lower than the
contract; at a price lower than the
Commission, discount or fee Any company other than oil marketing retail price fixed by such company,
38 retail price fixed by such company,
(section-53E (3) company shall collect tax from such
shall collect tax from such distributor
distributor or such any other
or such any other person at the rate
person at the rate of five percent
of five percent (5%) on the amount
(5%) on the amount equal to B x C,
equal to B x C, where B
where B
= the selling price of the company to
= the selling price of the company to
the distributor or the
the distributor or the
other person; C = 5%:]
other person; C = 5%:]

Commission or remuneration paid


39 to agent of foreign buyer (section- Bank 10% 10%
53EE) -82C

Compiled By: Masum Gazi


13 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

a. 10% if furnishes e-TIN or balance a. 10% if furnishes e-TIN or balance


does not exceed tk. 100,000 at any does not exceed tk. 100,000 at any
time in a year. time in a year.
b. Otherwise 15% if fail to furnishes e- b. Otherwise 15% if fail to furnishes
TIN. e- TIN.
c. 10% where the person receiving c. 10% where the person
This shall not apply on the amount of
such interest or share of profit is a receiving such interest or share of
Interest on saving deposits & fixed interest of share of profit arising out of any
Any person responsible for making public university, or an educational profit is a public university, or an
40(a) deposits (section- deposit pension scheme sponsored by the
such payment. institution whose teachers are educational institution whose
53F(1) -82C government or by a schedule bank with prior
enlisted for MPO, following the teachers are enlisted for MPO,
approval of the Government.
curriculum approved by the following the curriculum
Government and whose governing approved by the Government and
body is also formed as per whose governing body is also
Government rules or regulations, or formed as per Government rules
any professional institute that is or regulations, or any professional
ICAB, ICMAB, ICSB. institute that is ICAB, ICMAB, ICSB.

Interest on saving deposits & fixed


deposits or any term deposit by or Any person responsible for making
40(b) 5% 5%
in the name of Fund (section- such payment.
53F(2) -82C

Real state or land development


Any person responsible for registering
business (section-
41 any document for transfer or any land Annexure-B Annexure-B
53FF) 82C
or any building or apartment.

Deduction at source from


42 insurance commission.- (Sec- Insurance company 5% 5%
53G)-82C

Deduction at source from fees, etc.


43 of surveyors of general insurance Insurance company 15% 15%
company.- (Sec-53GG)-82C

Compiled By: Masum Gazi


14 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

Any person responsible for registering


Transfer of property
44 any document of a person.(Registering Annexure-C Annexure-C
(section- 53H) 82C
Office)

Any Registering Officer responsibel for


registering any document in relation to
any lease granted by Rajuk, CDA, RDA,
Collection of tax from lease of
KDA, and NHA or any person being an
45 property for at least 10 years 4% 4%
individual, a firm, an association of
(section 53HH)
persons, a Hindu undivided family, a
company or any artificial juridical
person.

Interest on deposit of post office &


Any person responsible for making
46 saving bank account 10% 10%
such payment.
(section-53I)

The Government or any authority,


corporation or body including it’s
units, the activities or any
Rental value of vacant land or plant
NGO, any university or medical college,
47 or machinery (section-53J,rule- 5% of the rent 5% of the rent
dental
17BB)
college, engineering college
responsible for
making such payment.

The Government or any authority,


corporation or body including its units,
Advertisement bill of newspaper or
the activities or any
magazine or private television
NGO, any university or medical college,
48 channel, private radio station, or 4% 4%
dental
any web site or any person on of
college, engineering college
advertisement etc (section-53K)
responsible for
making such payment.

Compiled By: Masum Gazi


15 Contact: 01935131132
Schedule-1

Withholding rate/rates of taxes


Sl. # Head of withholding with section Withholding authority/Remarks Remarks
In light of F.A. 2018 In light of F.A. 2017

Collection of tax from transfer of


shares or mutual fund units by the
sponsor shareholders of a company
49 Securities & Exchange Commission 5% 5%
listed on stock exchange (section-
53M) 82C

Collection of tax from transfer of


share of shareholder of stock
50 Principal Officer 15% on any gain 15% on any gain
exchange (53N)-
82C

Any sum to the land owner on account of


signing money, subsistence money, house
Deduction of tax from any sum paid rent or in any other form called by whatever
Any person engaged in real estate or
51 by real estate developer to land 15% 15% name for the purpose of development of the
land development business
owner.-[U/S 53P] land of such owner in accordance with any
power of attorney or any agreement or any
written contract,

Resident/ non-rsident Bangladeshi Resident/ non-rsident Bangladeshi


company--------20% company--------20%
Resident/ non resident Bangladeshi Resident/ non resident Bangladeshi
52 Dividends (Section 54) The principal officer of the company
person other than company person other than company
-If 12 digits TIN-------------10% -If 12 digits TIN-------------10%
If no 12 digits TIN---------15% If no 12 digits TIN---------15%

Income from lottery (Section 55) Any person responsible for making
53 20% 20%
82C such payment
Specified person as mentioned in
Income of non-residents (Section section 52 or any other person
54 Annexure-D Annexure-D
56) responsible for making payment to a
non-resident

Compiled By: Masum Gazi


16 Contact: 01935131132
Annexure-A
Deduction from the payment of certain services [Section 52AA]
(1) Where any payment is to be made by a specified person to a resident on account of a service as
mentioned in this section, the person responsible for making the payment shall, at the time of making
such payment, deduct income tax at the rate specified in the Table below: -

Sl. Description of service and payment Rate of deduction of tax


No
Where base Where base
amount does amount
not exceed Tk. exceeds Tk.
25 lakh 25 lakh

1 Advisory or consultancy service 10% 12%

Professional service, technical services fee, or technical


2 10% 12%
assistance fee

i.Catering service;
ii.Cleaning Service;
iii. Collection and recovery service;
iv. Private security service;
v. Manpower supply service;
vi. Creative media service;
3 vii. Public relations service;
viii. Event management service;
ix. Training, workshop, etc organization and
management service;
x. Any other service of similar nature-
10% 12%
(a) on commission or fee
(b) on gross bill amount 1.5% 2%

Media buying agency service


10% 12%
4 (a) on commission 0.5% 0.65%
(b) on gross amount

5 Indenting commission 6% 8%

6 Meeting fees, training fees or honorarium 10% 12%

Mobile network operator, technical support service


7 provider or service delivery agents engaged in mobile 10% 12%
banking operations

8 Credit rating agency 10% 12%

9 Motor garage or workshop 6% 8%

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10 Private container port or dockyard service 6% 8%

11 Shipping agency commission 6% 8%

12 Stevedoring/berth operation commission 10% 12%

Transport service, car rental [or ride sharing service] Ins


13 by F.A. 2018
3% 4%

Any other service which is not mentioned in Chapter VII


14 of this Ordinance and is not a service provided by any 10% 12%
bank, insurance or financial institutions

Provided that if the amount for services mentioned in SL No. 3 and 4 of the Table shows both
commission or fee and gross bill amount tax shall be the higher amount between (i) and (ii) where-
(i) tax calculated on commission or fee applying the relevant rate in the table; and
(ii) B x C x D, where-
B = Gross bill amount
C = 10% for Sl. 3 and 3.5% for Sl. 4, and
D = rate of tax applicable on commission or fee:
Provided further that the rate of tax shall be fifty percent (50%) higher if the payee does not
have a twelve-digit Taxpayer’s Identification Number at the time of making the payment:
Provided further that where the Board, on an application made in this behalf, gives certificate
in writing that the person rendering such service is otherwise exempted from tax under any provision
of this Ordinance, the payment referred to in this section shall be made without any deduction or
with deduction at a lesser rate for that income year.”] Subs.by F. A. 2017
(2) In this section-
(a)“specified person” shall have the same meaning as in clause (a) of sub-section (2) of section
52;
(b)“contract” includes a sub-contract, any subsequent contract, an agreement or an
arrangement, whether written or not;
(c)“base amount” means the higher of the-
(i) contract value; or
(ii) bill or invoice amount ; or
(iii) payment;
(d) “payment” includes a transfer, a credit or an adjustment of payment;
(e) “professional services” means-
(i) services rendered by a doctor;
(ii) services rendered by a person carrying on any profession or any other services
applying professional knowledge.

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Annexure-B

Collection of tax from persons engaged in real estate or land development business [Section
53FF]
Any person responsible for registering any document for transfer of any land or building or
apartment, under the provision of Registration Act 1908 (XVI of 1908), shall not register the
document unless tax is paid at the following rate by the transferor who is engaged in real estate or
land development business,-
(a) in case of building or apartment [, constructed for residential purposes,] Added F.A. 2011 situated-
(i) at Gulshan Model Town, Banani, Baridhara, Motijeel Commercial Area and Dilkusha
Commercial Area of Dhaka, taka [one thousand and six hundred] Subs.by F. A.2013 per square
metre;
(ii) at Dhanmondi Residential Area, Defense Officers Housing Society (DOHS), Mahakhali,
Lalmatia Housing Society, Uttara Model Town, Bashundhara Residential Area, Dhaka
Cantonment Area, Karwan Bazar Commercial Area of Dhaka and Panchlaish Residential Area,
Khulshi Resindential Area, Agrabad and Nasirabad of Chittagong, taka [one thousand and five
hundred]Subs.by F. A.2013 per square metre;
[(iii) in areas other than the areas mentioned in sub-clauses (i) and(ii)-
A. if the area is within Dhaka South City Corporation, Dhaka North City Corporation and
Chittagong City Corporation, taka one thousand per square metre;
B. if the area is within any other city corporation, taka seven hundred per square metre;

C. any other area, taka three bundred per square metre:

Provided that the rate of source tax under clause (a) in respect of a residential
apartment shall be twenty percent (20%) lower if the size of the apartment, including
common space, is not more than seventy square metre, and forty percent(40%) lower if the
size of the apartment, including common space, is not more than sixty square metre.] Subs.by F. A.
2016

[(aa) in case of building or apartment or any space thereof, constructed not for the residential
purposes, situated-
(i) in areas mentioned under sub-clause (i) of clause (a), taka [six thousand and five
hundred]Subs.by F. A.2013 per square metre;
(ii) in areas mentioned under sub-clause (ii) of clause (a), taka [five thousand ]Subs.by F.

A.2013 per square metre;

(iii) in areas other than the areas mentioned in sub-clauses (i) and(ii)-
A. if the area is within Dhaka South City Corporation, Dhaka North City Corporation and
Chittagong City Corporation, taka three thousand and five hundred per square metre;
B. if the area is within any other city corporation, taka two thousand and five hundred per
square metre;
C. any other area, taka one thousand and two hundred per square metre.] Subs.by F. A. 2016
(b) in case of land to which the document relates and on which stamp duty is chargeable under the
Stamp Act, 1899 (Act No. II of 1899) at the rate of-
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(i) five percent for Dhaka, Gazipur, Narayanganj, Munshiganj, Manikganj, Narsingdi and
Chittagong districts;
(ii) three percent for any other district.]Subes F. A. 2012
Provided that in case of transfer of any non-agricultural land valued at a sum exceeding one
lakh taka situated outside the jurisdiction of any City Corporation, Paurashava or Cantonment
Board, income-tax shall be paid at the rate of five percent upto August 31 2009 and one percent
from September 1 2009 on the deed value of the property to which the document relates.

Annexure-C

Collection of tax on transfer, etc. of property. [section 53H]


(1) Any registering officer responsible for registering any document of a person under the provisions
of clause (b), (c) or (e) of sub-section (1) of section 17 of the Registration Act, 1908 (XVI of 1908)
shall not register any document unless tax is paid at such rate as may be prescribed in relation to the
property to which the document relates and on which stamp-duty is chargeable under Stamp Act,
1899 (II of 1899) by the person whose right,title or interest is sought to be transferred, assigned,
limited or extinguished thereby, at the time of registration of such document:
Provided that the rate of tax shall not exceed taka ten lakh and eighty thousand per katha (1.65
decimal) for land, taka six hundred per square meter for any structure, building, flat, apartment or floor
space on the land, if any, or four per cent of the deed value, whichever is higher.
(2) Nothing in this section shall apply to a document relating to:
(a) sale by a bank or any financial institution as a mortgagee empowered to sell;
(b) mortgage of any property to any bank or any financial institution against any loan

Collection of tax on transfer of property. [Rule 17II]

For the purposes of collection of the income tax under section 53H of the Ordinance, any
registering officer responsible for registering any document of a person, under the clause
(b), (c) or (e) of sub-section (1) of section 17 of the Registration Act, 1908 (XVI of 1908), shall
collect from the person whose right, title or interest is sought to be transferred, assigned,
limited or extinguished thereby, and tax shall be collected at the following rate:
(a) Rate of tax for land or land & building located in the following commercial areas:

SL Name of the commercial area or areas Rate of tax per katha (1.65
No. decimal)

1. Gulshan, Banani, Motijheel, Dilkhusha, 4% of the deed value or taka


North South Road, Motijheel Expansion 10,80,000/- whichever is higher
areas and Mohakhali of Dhaka
2. Karwan Bazar of Dhaka 4% of the deed value or taka
6,00,000/- whichever is higher
3. Agrabad and CDA Avenue of Chittagong 4% of the deed value or taka
3,60,000/- whichever is higher

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4. Narayanganj, BangaBandhu Avenue, Badda, 4% of the deed value or taka
Sayedabad, Postogola and Gandaria of 3,60,000/- whichever is higher
Dhaka
5. Uttara SonargaonJanapath, Shahbag, 4% of the deed value or taka
Panthapath, Banglamotor, Kakrail of Dhaka 6,00,000/- whichever is higher
6. Nababpur and Fulbaria of Dhaka 4% of the deed value or taka
3,00,000/- whichever is higher:

Provided that where any structure, building, flat, apartment or floor space is situated on the
land, an additional tax shall be paid at the rate of taka 600/- (six hundred) per square meter or
(4%) four per cent of the deed value of such structure, building, flat, apartment or floor space,
whichever is higher.

(b) Rate of tax for land or land & building located in the following areas:
SL No. Name of the area or areas Rate of tax per katha
(1.65 decimal)
1. Uttara (Sector 1-9), Khilgaon rehabilitation area (beside 100 4% of the deed value or
feet road), Azimpur, Rajarbagh rehabilitation area (beside taka 90,000/- whichever
bishwa road), Baridhara DOHS, Bashundhara (Block: A–G), is higher
Niketon of Dhaka, Agrabad, Halishohar, Panchlaish, Nasirabad,
Mehedibag of Chittagong
2. Gulshan, Banani and Baridhara of Dhaka 4% of the deed value or
taka 3,00,000/-
whichever is higher
3. Dhanmondi of Dhaka 4% of the deed value or
taka 2,40,000/-
whichever is higher
4. Kakrail, Segunbagicha, Bijoynagar, Eskaton, Green Road, 4% of the deed value or
Elephant Road, Fakirapool, Arambagh, Maghbazar (within one taka 1,80,000/- ever is
hundred feet of main road), Tejgaon Industrial Area, Sher-e- higher
Banglanagar Administrative Area, Agargaon Administrative
Area, Lalmatia, Mohakhali DOHS, Cantonment of Dhaka and
Khulshi of Chittagong
5. Kakrail, Segunbagicha, Bijoynagar, Eskaton, Green Road, 4% of the deed value or
Elephant Road area (outside one hundred feet of main road) of taka 1,20,000/-
Dhaka whichever is higher
6. Green Road (from Road 3 to 8 of Dhanmondi Residential Area 4% of the deed value or
of Dhaka) taka 2,40,000/-
whichever is higher
7. Uttara (Sector 10 to 14), Nikunj (south), Nikunj (North), Badda 4% of the deed value or
Rehabilitation Area, Ganderia Rehabilitation Area, Syampur taka 60,000/- whichever
Rehabilitation Area, IG Bagan Rehabilitation Area, Tongi is higher
Industrial Area of Dhaka

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8. Syampur Industrial Area, Postagola Industrial Area and Jurain 4% of the deed value or
Industrial Area of Dhaka taka 48,000/- whichever
is higher
9. Khilgaon Rehabilitation Area (beside less than 100 feet road), 4% of the deed value or
RajarbaghRehabilitation Area (beside 40 feet and other taka
internal road) of Dhaka
10. Goran (beside 40 feet road) and Hajaribagh Tannery Area of 4% of the deed value or
Dhaka taka 30,000/- whichever
is higher:
Provided that where any structure, building, flat, apartment or floor space is situated
on the land, an additional tax shall be paid at the rate of taka 600/- (six hundred) per square
meter or (4%) four per cent of the deed value of such structure, building, flat, apartment or
floor space, whichever is higher.
(c) Rate of tax for land or land & building located in the following areas:
Name of the area or areas Rate of tax
1. Within the jurisdiction of Rajdhani Unnayan Kartripakya
(RAJUK) and Chittagong Development Authority (CDA) 4% of deed value
except areas specified in schedule (a) and (b)

2. Within the jurisdiction of Gazipur, Narayanganj, Munshiganj,


Manikganj, Narsingdi, Dhaka and Chittagong districts
[excluding RajdhaniUnnayanKartripakya (RAJUK) and
3% of deed value
Chittagong DevelopmentAuthority (CDA)], and within any
City Corporation (excluding Dhaka South City Corporation
and Dhaka North City Corporation) and Cantonment Board
3. Areas within the jurisdiction of a paurasabha of any district
3% of deed value
headquarter
4. Areas of any other Pauroshova 2% of deed value
5. Any other area not specified in schedule (a), (b) and (c) 1% of deed value.

Annexure-D

Deduction from income of non-residents [ Section 56]


(1) Subject to the provisions of sub-section (2), the specified person or any other person responsible
for making payment to a non-resident of any amount which constitutes the income of such non-
resident chargeable to tax under this Ordinance shall, unless such person is himself liable to pay tax
thereon as agent, at the time of making such payment, deduct tax on the amount so payable at the
rate, specified below:

Rate of deduction of
SL. No Description of services or payments
tax

1 Advisory or consultancy service 20%

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2 Pre-shipment inspection service 20%

Professional service, technical services, technical know-how or


3 20%
technical assistance

Architecture, interior design or landscape design, fashion


4 20%
design or process design

5 Certification, rating etc. 20%

Charge or rent for satellite, airtime or frequency, rent for


6 20%
channel broadcast

7 Legal service 20%

8 Management service including even management 20%

9 Commission 20%

10 Royalty, license fee or payments related to intangibles 20%

11 Interest 20%

12 Advertisement broadcasting 20%

13 Advertisement making or [Digital marketing] Ins. by F.A 2017 15%

Air transport or water transport [not being the carrying


14 7.5%
services mentioned in sections 102 or 103A] Ins by F.A. 2018

Contractor or sub-contractor of manufacturing, process or


15 7.5%
conversion

16 Supplier 7.5%

17 Capital gain 15%

18 Insurance premium 10%

19 Rental of machinery, equipment etc. 15%

Dividend-
20 (a) company—- 20%
(b) any other person, not being a company— 30%

21 Artist, singer or player 30%

22 Salary or remuneration 30%

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23 Exploration or drilling in petroleum operations 5.25%

24 Survey for oil or gas exploration 5.25%

Any service for making connectivity between oil or gas field


25 5.25%
and its export point

26 Any payments against any services not mentioned above 20%

27 Any other payments 30%

[(2) Where, in respect of any payment under this section, the Board, on an application made in this
behalf, is satisfied that due to tax treaty or any other reason the non-resident is not be liable to pay
any tax in Bangladesh, or is liable to pay tax at a reduced rate in Bangladesh, the Board may issue a
certificate to the effect that the payment referred to in sub-section (1) shall be made without any
deduction or, in applicable cases, with a deduction at the reduced rate as mentioned in the certificate.

(2A) Tax deducted under this section shall be deemed to be the minimum tax liability of the payee in
respect of the income for which the deduction is made, and shall not be subject of refund or set off
or an adjustment against a demand.] Ins by F.A. 2018
(3) In this section,-
(i) “specified person” shall have the same meaning as in clause (a) of sub-section (2) of
section 52 of this Ordinance;

(ii) “payment” includes a transfer, a credit or an adjustment of payment.]Subs.by F. A. 2016

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