Bangladeshi Income Tax Calculator
Calculate your income tax in Bangladesh based on Income Tax Act 2023. Get detailed breakdown of tax slabs, exemptions, and net tax payable.
Personal Information
Income Details
Total annual income from all sources
Basic salary for exemption calculations
Exemptions & Deductions
Annual PF contribution
Annual premium paid
Charitable donations
Advance tax already paid
Tax Calculation Results
Net Tax Payable
Total tax minus advance tax paid
Total Tax
Before advance tax adjustment
Effective Tax Rate
Overall tax percentage
Income & Tax Summary
Exemption Breakdown
Tax Information
Related Calculators
How to Use
- 1Enter your values in the input fields
- 2Review the calculated results
- 3Use the results for your planning
Frequently Asked Questions
How do I calculate income tax in Bangladesh for 2024?
Income tax in Bangladesh is calculated using progressive tax slabs under Income Tax Act 2023. Tax-free threshold is 3.5 lakh for men, 4 lakh for women/others. Tax rates are 0%, 5%, 10%, 15%, 20%, and 25% on different income slabs. Deduct exemptions like house rent (50% of basic salary, max 3 lakh), medical (max 1.2 lakh), provident fund, and life insurance before applying tax rates.
What is the tax-free income limit in Bangladesh?
The tax-free income limit in Bangladesh for 2024 is 3.5 lakh BDT for male taxpayers and 4 lakh BDT for female and third gender taxpayers. Senior citizens (65+) get additional 1.25 lakh exemption, disabled persons get 75k additional, and freedom fighters get 2 lakh additional exemption.
What exemptions can I claim for income tax in Bangladesh?
Major tax exemptions in Bangladesh include: House rent allowance (50% of basic salary, max 3 lakh), Medical allowance (max 1.2 lakh), Conveyance allowance (max 30k), Provident fund contribution (up to 14% of basic), Life insurance premium (max 1 lakh), and Donations (20% of income, max 1 lakh).
When is the deadline to file income tax return in Bangladesh?
The deadline to file income tax return in Bangladesh is November 30 each year for the previous tax year (July-June). Tax payment deadline is September 30. Late filing attracts penalty of 1% of tax amount per month. All returns must be filed online through the NBR e-filing system.
Do I need to file tax return if my income is below 3.5 lakh?
You may still need to file income tax return even if your income is below the taxable threshold if you are: a government employee, own property in city corporation areas, own a motor vehicle, pay electricity/gas bills above certain limits, have club membership, or own business license.