🇧🇩 National Board of Revenue (NBR) • Income Tax Act 2023
Bangladesh Income Tax Calculator 2024-2025
Calculate income tax for Assessment Year 2024-2025 with gender/senior exemption slabs (৳350k - ৳500k), progressive tax rates (5% to 25%), city corporation minimum tax, and investment rebate.
💼 Taxpayer & Income Details
৳
Basic salary + house rent + medical + conveyance + festival bonuses.
👶
+৳50,000 added to tax-free threshold per disabled child.
📈 Investment for Tax Rebate
৳
Life insurance, DPS (max 120k BDT/yr), government savings bonds, listed stocks.
📊 Tax Assessment Summary
Net Payable Annual Income Tax
৳0
Monthly TDS Deduction: ৳0/mo
Total Annual Gross Income ৳0
Salary Standard Deduction (One-third or max ৳450k) -৳0
Net Taxable Income ৳0
Tax-Free Threshold Exemption ৳350,000
Gross Income Tax (Before Rebate) ৳0
Investment Tax Rebate (15% / 3%) -৳0
Minimum Tax Assessment Check Applied
Effective Tax Rate 0.00%
NBR Progressive Tax Slabs (2024-25) Tax Amount
First Exemption Threshold (0%) ৳0 (Exempt)
Next ৳100,000 @ 5% ৳0
Next ৳400,000 (100k - 500k) @ 10% ৳0
Next ৳500,000 (500k - 1.0M) @ 15% ৳0
Next ৳500,000 (1.0M - 1.5M) @ 20% ৳0
Next ৳2,000,000 (1.5M - 3.5M) @ 25% ৳0
Balance above ৳3,500,000 @ 25% / 30% ৳0
📜 Income Tax Rules in Bangladesh (Income Tax Act 2023)
Key highlights of individual taxation for Bangladeshi residents under the Income Tax Act 2023 and Finance Act 2024:
- Salary Standard Deduction: One-third (1/3) of total employment income or ৳450,000 (whichever is lower) is completely tax-exempt under the 2023 Act, replacing old complex individual house rent/conveyance exemptions.
- Basic Exemptions: ৳350,000 for male taxpayers; ৳400,000 for female taxpayers and citizens aged 65 or above.
- Investment Tax Rebate: Equal to the lowest of: (a) 15% of allowable investments, (b) 3% of taxable income, or (c) ৳1,000,000.
- Minimum Tax Requirement: Every individual with taxable income above the threshold must pay a minimum statutory tax depending on location: ৳5,000 for Dhaka/Chattogram City Corporations, ৳4,000 for other cities, and ৳3,000 for other districts.
📊 Bangladesh Statutory Wage & Tax Breakdown Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (BDT) |
|---|---|
| Primary Net / Statutory Payable Amount | ৳0.00 |
MS
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Bangladesh Labor Act & NBR Tax Code Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.