Tuesday, 08 September, 2026
Tuesday, 08 September, 2026

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

PM seeks Japan’s special envoy’s role for Rohingya repatriation

UK Export Finance highlights up to £2bn support for Bangladeshi buyers of UK goods and services 

Trillion-dollar economy by 2034 not a slogan, it’s a plan: PM

British High Commission Dhaka Celebrates Bangladesh's Next Generation of Chevening and Commonwealth Scholars

U.S. Ambassador Highlights American Engineering and Bangladesh’s Railway Connectivity

President urges BGB to take effective measures to curb smuggling, border killings

Malaysian envoy calls on Defence Adviser

United States Delivers $2.4 Million in Health Equipment to Strengthen Bangladesh's Health System

Dhaka sees no risk in joining Mecca Pact: Kobir

Chinese ambassador pays courtesy call on President

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