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June 26, 2025

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Income Tax

New income tax rates from July: NBR
New income tax rates from July: NBR

The budget proposes cutting tax slabs from seven to six, raising the burden on most taxpayers

Minimum income tax Tk 5,000, Tk 1,000 for first-time taxpayers
Minimum income tax Tk 5,000, Tk 1,000 for first-time taxpayers

The non-taxable income threshold has also been raised to Tk 375,000

Higher tax-free income cap, heavier overall burden
Higher tax-free income cap, heavier overall burden

To boost tax revenue, the budget proposes cutting the number of tax slabs from seven to six

Is tax relief in the 2025–26 budget coming at a cost?
Is tax relief in the 2025–26 budget coming at a cost?

Economist Zahid Hussain says the new proposal is “relatively better” than the current structure

Nod to black money but for whom
Nod to black money but for whom

You can undo mobile taxes, but not trade mobility
You can undo mobile taxes, but not trade mobility

Off the mark: Whitening black money
Off the mark: Whitening black money

Read More
Editor-in-Chief and Publisher: Toufique Imrose Khalidi
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