Summary of Withholding Tax Rates · Page 2 of 18 Section/ Rule Head of Withholding Tax...

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Section/

Rule

Head of Withholding Tax Deducting/Collecting

Authority

Timing of

Deduction/Collection

Minimum Tax /Remarks

Section-

50A

Discount on the real value of

BBK bills

Person responsible for

making payment

At the time of making payment

Section-

50B

Deduction of tax from Member

of Parliament


making payment


Sl.

No.

Rate

1 2%

2 3%

3 4%

4 5%

Sl.

No.

Rate

Nil

0.60%

2 1%

Section-

51

Discount, interest or profit on

securities

Section-

52, Rule-

16

Minimum tax (82C)

Excluding: (a) contractor

of oil company/sub-

contractor of such

contractor; (b) oil

marketing company and

its dealer/agent (except

petrol pump); (c) oil

refinery company; (d) gas

transmission/distribution

company;

Average of the rates applicable to the estimated total income

of the payee

Maximum rate

Average of the rates applicable to the estimated total

remuneration of the payee for that income year.

Upfront tax collection & withdrawal of exemption of Treasury

bond/Treasury bill issued by Government-Deleted

Amount

Where base amount does not

exceed Tk. 15 lakh

Where base amount exceeds Tk.

15 lakh but does not exceed Tk.

50 lakh


50 lakh but does not exceed Tk. 1

crore


1 crore

Amount

Summary of Withholding Tax Rates

1

Section-

50

Salaries Person responsible for

making payment

Rates (FY 2020-2021)


No deduction/partial deduction: DCT's certificate is require

for payment without deduction or deduction at a lesser rate

5%

In case of oil supplied by oil marketing companies-

(a) Where the payment does not

exceed Tk. 2 lakh

(b) Where the payment exceeds

Tk. 2 lakh

In case of oil supplied by dealer or

agent (excluding petrol pump

station) of oil marketing

companies, on any amount

Payment to a resident for (a)

Execution of contract except the

services mentioned in other

sections of Chapter VII (b)

supply of goods (c)

Manufacture, process or

conversion (d) Printing, packing

or binding.

At the time of making paymentSpecified person


issuing government or

BSEC approved securities


or credit, whichever is earlier


Section/

Rule


Authority

Timing of


Minimum Tax /RemarksRates (FY 2020-2021)

3 3%

4 3%

5 3%

6 3%

7 0.5%

Rate

0.50%

2%

Rate

10%Where base amount does not exceed

Tk 25 lakh

Section-

52, Rule-

16

Minimum tax (82C)

Excluding: (a) contractor

of oil company/sub-

contractor of such

contractor; (b) oil

marketing company and

its dealer/agent (except

petrol pump); (c) oil

refinery company; (d) gas

transmission/distribution

company;

In case of company engaged in

gas distribution, on any amount

In case of an industrial undertaking

engaged in producing cement, iron

or iron products except MS Billets

Non-deduction/Partial deduction: (i) Difference between tax paid u/s 53 and tax payable u/s 52 where imported goods

are supplied; (ii) Difference [B-A] between [A] tax paid u/s 53E and [B] tax applicable u/s 52 if no tax were paid u/s 53E;

(iii) Where goods sold at less than retail price, [B]=price mentioned in section 53E(3) X 7% X 5% (iv) Payment includes

"an order or instruction of making payment; (v) NBR's certificate for payment without deduction or deduction at reduced

rate;

Section-

52A

Deduction from the payment of

royalties, franchise, or the fee

for using license, brand name,

patent, invention, formula,

process, method, design,

pattern, know-how, copyright,

trademark, trade name, literary

or musical or artistic

composition, survey, study,

forecast, estimate, customer list

or any other intangibles to a

resident

Specified person At the time of making payment

In case of company engaged in

gas transmission, on any amount

In case of an industrial undertaking

engaged in the production of MS

Billets

Description Minimum tax (82C)

In case of supply of oil by any

company engaged in oil refinery,

on any amount

Payment to a resident for (a)

Execution of contract except the

services mentioned in other

sections of Chapter VII (b)

supply of goods (c)

Manufacture, process or

conversion (d) Printing, packing

or binding.

Higher deduction: (i) TDS rate shall be 50% higher if the payee does not have TIN;

At the time of making paymentSpecified person

Locally procured MS Scrap

Rice, wheat, potato, onion, garlic, peas,

chickpeas, lentils, ginger, turmeric,

dried chillies, pulses, maize, coarse

flour, flour, salt, edible oil, sugar, black

pepper, cinnamon, cardamom, clove,

date, cassia leaf, jute, cotton, yarn and

all kinds of fruits

Particulars


Section/

Rule


Authority

Timing of



12%

Base amount

does not

exceed Tk 25

lakh

Base amount

exceeds Tk 25 lakh

1 Advisory or

consultancy

service

10% 12%

2 Professional

service, technical

services fee, or

technical

assistance fee

10% 12%

Catering service

Clearing service

Collection and

recovery service

Private security

service

Manpower supply

service

Creative media

service

Public relations

service

Event

management

service

Section-

52A


royalties, franchise, or the fee

for using license, brand name,

patent, invention, formula,

process, method, design,

pattern, know-how, copyright,

trademark, trade name, literary

or musical or artistic

composition, survey, study,

forecast, estimate, customer list

or any other intangibles to a

resident


3

(a) 10% on

commission or

fee

(b) 1.5% on

gross bill

amount

Section-

52AA


certain services

Specified person At the time of making payment Minimum tax (82C): (i)

Advisory/consultancy; (ii)

professional/technical

service fee/technical

assistance fee; (iii)

wheeling charge for

electricity transmission

(a) 12% on

commission or fee

(b) 2% on gross bill

amount

Where base amount exceeds Tk 25

lakh

Sl.

No.

Description of

service and

payment

Rate of TDS

Minimum tax (82C)


Section/

Rule


Authority

Timing of



Training,

workshop, etc.

organization and

management

service

Courier service

Packing and

shifting service

Any other service

of similar nature

Media buying

agency service

(a) on commission

or fee

10% 12%

(b) on gross bill

amount

0.5% 0.65%

5 Indenting

commission

6% 8%

6 Meeting fees,

training fees or

honorarium

10% 12%

7 Mobile network

operator, technical

support service

provider or service

delivery agent

engaged in mobile

banking

operations

10% 12%

4

(i) commission/fee X TDS rate for commission/fee

(ii) gross bill amount X 2.5% X TDS rate for

commission/fee

If invoice shows both commission/fee and gross bill

amount, TDS shall be the higher amount between (i) and

(ii):

3

(a) 10% on

commission or

fee

(b) 1.5% on

gross bill

amount

Section-

52AA


certain services

Specified person At the time of making payment Minimum tax (82C): (i)





wheeling charge for


(a) 12% on

commission or fee

(b) 2% on gross bill

amount

Note: If invoice shows both commission/fee and gross

bill amount, TDS shall be the higher amount between (i)

and (ii):

(i) commission/fee X TDS rate for commission/fee

(ii) gross bill amount X 10% X TDS rate for

commission/fee


Section/

Rule


Authority

Timing of



8 Credit rating

service

10% 12%

9 Motor garage or

workshop

6% 8%

10 Private container

port or dockyard

service

6% 8%

11 Shipping agency

commission

6% 8%

12 Stevedoring/berth

operation

commission

10% 12%

(i) Transport

service, carrying

service, vehicle

rental service

(ii) Service under

sharing economy

platform including

ride

sharing/coworking

space providing/

accomodation

providing service

13A Wheeling charges

for electricity

transmission

2% 3%

14 Any other service

which is not

mentioned in

Chapter VII of the

ITO, 1984, and is

not a service

provided by any

bank, insurance or

financial

institutions

10% 12%

Section-

52AA


certain services


No deduction/partial deduction: NBR's certificate is

required for payment without deduction or deduction at a

lesser rate

Minimum tax (82C): (i)





wheeling charge for


4%13 3%


Section/

Rule


Authority

Timing of



Section

52AAA

Clearing and forwarding agents Commissioner of Customs At the time of clearance of

goods imported or exported

Minimum tax (82C)

Section

52B

Cigarette manufacturers Person responsible for

selling banderols

At the time of selling

banderols

Minimum tax (82C)

6%

3%

10%

Section

52DD

Payment to beneficiary of

workers' participation fund


making payment

At the time of payment

Section

52I

Commission of letter of credit Person responsible for

opening LC for import

At the time of collecting

commission

3,000

2,000

1,000

500

Section

52M

Freight forward agency

commission


making payment

At the time of payment or

credit to the account of payee

Interest on savings instrument

No TDS if cumulative investment at the end of income year in

pensioner's savings certificate does not exceed Tk. 500,000/=

Final tax (82C)

Minimum tax (82C)

At the time of renewal of trade

license

(c) Paurashava at any district

headquarter;

(b) City Corporation except Dhaka or

Chittagong;


making payment by way of

commission or discount or

any other benefits


Section

52D

Interest on saving instruments

Section

52C

Compensation against

acquisition of property


payment compensation for

acquisition of immovable

property by government



making payment


Final tax (82C)

Section

52F

Brick manufacturers

(c) Tk. 90,000/- for two section brick field and

Note: No permission if there is no tax clearance certificate for

preceding AY


issuing permission or

renewal of permission

At the time of issuing

permission or renewal of

permission

(b) Tk. 70,000/- for one and half section brick field.

(d) Tk. 150,000/- for producing brick through automatic

machine

Section

52JJ

Collection of tax from travel

agent

Section

52K

Renewal of trade license

5%

(i) 0.30% of total value of tickets or any charge for carrying

cargo

(ii) Incentive bonus, performance bonus or any other benefits

/ Commission or discount or any other benefits X TDS on

Commission or discount or any other benefits

(a) Dhaka (South & North) or

Chittagong City Corporation;

10%

(a) Immovable property situated in any

city corporation, paurashava or

cantonment board(b) Immovable property situated outside

the jurisdiction of city corporation,

paurashava or cantonment board

10%

(d) Other paurashava.

15%

5%

(a) Tk. 45,000/- for one section brick field.


renewal of trade license


Section/

Rule


Authority

Timing of



Section

52N

Collection of tax on account of

rental power

BPDB At the time of making payment Minimum tax (82C)

Section

52O

Foreign technician serving in

diamond cutting industries


making payment


giving credit, whichever is

earlier

Minimum tax (82C)

Section

52P

Convention hall, conference

centre, room or hall, hotel,

community centre, restaurant,

etc.


Bank At the time of crediting to the

account of IGW Service

Operator

1.5%

IGW Service Operator At the time of payment or

credit

7.5%

ICX or ANS At the time of payment or

credit

7.5%

5%


crediting to supplier of goods


crediting to the person against

invoice or sale of goods to its

distributor

Outgoing international phone call


making payment


paying or crediting foreign

remittance to the account of

a person


credit to the account of payee


Section

52QNo TDS for (i) sale of software or services exempted from tax

under paragraph 33 of Part A of the 6th Schedule; (ii) income

earned abroad by an individual Bangladeshi citizen and

brought into Bangladesh through legal channel as per

paragraph 48 of Part A of the 6th Schedule

Income remitted from abroad in

connection with any service,

revenue sharing, etc.

Section

52R

Deduction of tax from receipts

in respect of international phone

call (IGW)

Section

52T

Payment in excess of premium

paid on life insurance policy

Section

52U

Payment on account of local

letter of credit or any other

financing arrangement

Bank and Financial

Institution

10%

Incoming international phone call

6%

5% (applicable for appointment before 30 June 2010)

5% (whole amount)

Minimum tax (82C)

3% (goods purchased for trading purpose or reselling after

processing or conversion)

1% (goods invoiced to distributor)

Amount in excess of premium paid

No TDS in case of death of such policy holder

No deduction/partial deduction: NBR's certificate is require

for payment without deduction or deduction at a lesser rate

Payment to ICX, ANS, BTRC or any

other person under an agreement with

BTRC relating to international phone

call


Section/

Rule


Authority

Timing of




crediting to supplier of goods

Section

52V

Payment by cellular mobile

phone operator to regulatory

authority as revenue sharing,

license fee, any other fee or

charges called by whatever

name

Principal Officer of cellular

mobile phone operator


credit to the payee, whichever

is earlier

Section

53A

House property or hotel

accomodation

Specified person (tenant) At the time payment of rent

5%

3%

Section

53B,

Rule-17C

Export of manpower DG, Bureau of Manpower,

Employment and Training

Before clearance for export of

manpower

Minimum tax (82C)

Section

53BB

Export of certain items Bank At the time of crediting

proceeds to the account of

exporter

Minimum tax (82C)

Section

53AA

Shipping business of a resident

10%

5% for clause (a), 2% for clause (b) & Tk. 800/= per ton for

clause (c) of rule 17A

5%

Commissioner of Customs Before port clearance

Section

52U

Payment on account of local

letter of credit or any other

financing arrangement

Bank and Financial

Institution

(i) Total freight received or receivable in

or out of Bangladesh

(ii) Total freight received or receivable

from services rendered between two or

more foreign countries

Note: (i) Section 52U will not be applied to back to back LC opened against Master LC; (ii)

Where section 52 is applicable, section 52U shall not be applied even payment is made

through local LC or other credit facilities; (iii) Section 52U shall not limit the applicability

of section 52 - Deleted;

Commissioner of Customs At import stage Minimum tax (82C)

Excluding: import of raw

material by industrial

undertaking for own

conumption. Including:

import of raw material by

industrial undertaking

engaged in producing

cement, iron or iron

products, ferro alloy

products

No collection of tax at import stage for goods stated in Table-

3 and Table-4 of rule 17A

Non-collection/Collection at proportionately reduced

rate: NBR's certificate is required for non-collection of tax or

collection at proportionately reduced rate

Minimum tax (82C)

10%

0.50%

2% (rice, wheat, potato, onion, garlic, peas, chickpeas, lentils,

ginger, turmeric, dried chillies, pulses, maize, coarse flour,

flour, salt, edible oil, sugar, black pepper, cinnamon,

cardamom, clove, date, cassia leaf, computer or computer

accessories, jute, cotton, yarn and all kinds of fruits)

Section

53, Rule-

17A

Collection of tax from importers


Section/

Rule


Authority

Timing of



Section

53BBBB

Export or any goods except

certain items

Bank At the time of crediting

proceeds to the account of

exporter

Minimum tax (82C)


making sale through public

auction of goods or property

of government and

specified organizations

Before delivering possession

of goods or property


auction of tea

Before delivering possession

of tea

Section

53CCC

Courier business of a non-

resident

Company working as local

agent of non-resident

courier company

At the time of remittance to

principal

Minimum tax (82C)


making payment for

purchasing film, drama,

television/radio programme


or credit to the account of

payee


making payment to another

person for performance


or credit to the account of

payee

Section

53DDD

Deduction of tax at source from

export cash subsidy


making payment


or credit

Final tax (82C)

Any company making

payment/allowing

commission, discount, fees,

incentive or performance

bonus or any other payment

or benefit of similar nature

for distribution or marketing

of goods


or allowing the amount

Section

53E

Section

53C,

Rule 17D

Goods or property sold by

public auction

5%

Section

53D

Payment to actors, actresses,

producers etc.

Commission, discount or fees

Minimum tax (82C)

0.05%

15% of service charges accrued from shipment outside

Bangladesh

1%

10% (No TDS if payment does not exceed Tk. 10,000)

10%

Minimum tax (82C)

Minimum tax (82C)

5%

Section

53BBB

Member of Stock Exchanges CEO of Stock Exchange At the time of payments for

transactions10% on commission for transaction of securities except

shares and mutual fund

0.05% on the value of shares and mutual fund


Section/

Rule


Authority

Timing of



Any company making

payment for promotion of

the company or its goods to

person engaged in

distribution/marketing of

goods

At the time of

payment/transfer/credit/adjust

ment

Any company selling goods

to distributor/other person

under a contract at a price

lower than the retail price

At the time of


ment

Cigarette manufacturer

company

At the time of


ment

Section

53EE

Commission or remuneration

paid to agent of foreign buyer

Bank At the time of payment Minimum tax (82C)

Tk 1,600/sm

(residential)

Tk 6,500/sm (non-

residential)

Tk 1,500/sm

(residential)

Tk 5,000/sm (non-

residential)

Tk 1,000/sm

(residential)

Tk 3,500/sm (non-

residential)

Section

53F

Section

53FF

Real estate or land

development business


registering any document

for transfer of land or

building or apartment

Before registration building or apartment at

Gulshan, Banani,

Baridhara, Motijheel,

Dilkusha

building or apartment at

Dhanmondi, DOHS,

Mohakhali, Lalmatia,

Uttara, Bashundhara,

Dhaka Cantonment,

Kawran Bazar,

Panchlaish, Khulshi,

Nasirabad


any other area within

DSCC, DNCC, CCC

Section

53E

3% X (retail price - selling price to distributor/other person)

5% X (retail price - selling price to distributor/other person)

Interest on saving deposits and

fixed deposits

Commission, discount or fees

15% (who/which fails to furnish TIN)

10% (if saving deposit balance does not exceed Tk. 1 lakh at

any time in the year)

10% (public university, educational institution with MPO,

ICAB, ICMAB, ICSMB)

5% (any fund exempted from tax)

No TDS: (i) DPS sponsored or approved by government (ii) NBR exempts income of payee from tax by general or special

order

1.50%

10% (who/which furnishes TIN)Bank, NBFI, Leasing

Company, Housing Finance

Company


credit, whichever is earlier

Minimum tax (82C)

Minimum tax (82C)

Final tax: (i) public

university, educational

institution with MPO,

ICAB, ICMAB, ICSMB;

(ii) any fund exempted

from tax

Minimum tax (82C)

10%


Section/

Rule


Authority

Timing of



Tk 700/sm

(residential)

Tk 2,500/sm (non-

residential)

Tk 300/sm

(residential)

Tk 1,200/sm (non-

residential)

Tk 300/sm

(residential)

Tk 1,200/sm (non-

residential)

Section

53G

Insurance commission Person responsible for

making payment of

remuneration, reward or

commission


in any mode or credit to the

account of payee, whichever

is earlier

Minimum tax (82C)

Section

53GG

Fees of surveyors of general

insurance company


payment

At the time of payment Minimum tax (82C)

Section

53H,

Rule 17II

Transfer of property Any registering officer

responsible for registering

any document for transfer

of property

Before registration

Section

53FF

Real estate or land

development business


registering any document

for transfer of land or

building or apartment

Before registration


any other area within

any other CC


any other area except

abovebuilding or apartment at

any other area except

land in Dhaka, Gazipur,

Narayanganj,

Munshiganj, Manikganj,

Narshingdi and

Chittagong districts

land in any other

districts

Karwan Bazar of Dhaka 4% of the deed value or Tk 6,00,000/-

whichever is higher

4% of the deed value or Tk 3,60,000/-

whichever is higher

Agrabad and CDA

Avenue of

Chittagong

Final tax (82C): Deed

value less cost of

acquisition

5%

3%

Land or land and building located in the following

commercial areas

4% of the deed value or Tk

10,80,000/- whichever is higher

Gulshan, Banani,

Motijheel, Dilkhusha,

North South Road,

Motijheel Expansion

areas and Mohakhali of

Dhaka

5%

10%

Minimum tax (82C)


Section/

Rule


Authority

Timing of



Section

53H,

Rule 17II




of property

Before registration

Narayanganj, Banga

Bandhu Avenue,

Badda, Sayedabad,

Postogola and

Gandaria of Dhaka


whichever is higher

Uttara Sonargaon

Janapath, Shahbag,

Panthapath,

Banglamotor, Kakrail of

Dhaka

Nababpur and Fulbaria

of Dhaka


whichever is higher


whichever is higher


value less cost of

acquisition

Uttara (Sector 1-9),

Khilgaon rehabilitation

area (beside 100 feet

road), Azimpur,

Rajarbagh rehabilitation

area (beside bishwa

road), Baridhara

DOHS, Bashundhara

(Block: A–G), Niketon

of Dhaka, Agrabad,

Halishohar, Panchlaish,

Nasirabad, Mehedibag

of Chittagong

4% of the deed value or Tk 90,000/-

whichever is higher

Gulshan, Banani and

Baridhara of

Dhaka


whichever is higher

Dhanmondi of Dhaka

Land or land and building located in the following areas


whichever is higher


Section/

Rule


Authority

Timing of



Section

53H,

Rule 17II




of property

Before registration

Green Road (from

Road 3 to 8 of

Dhanmondi Residential

Area of Dhaka)


whichever is higher

Uttara (Sector 10 to

14), Nikunj (south),

Nikunj (North), Badda

Rehabilitation Area,

Ganderia Rehabilitation

Area, Syampur

Rehabilitation Area, IG

Bagan Rehabilitation

Area, Tongi Industrial

Area of Dhaka


whichever is higher


value less cost of

acquisition

Kakrail, Segunbagicha,

Bijoynagar, Eskaton,

Green Road, Elephant

Road, Fakirapool,

Arambagh, Maghbazar

(within one hundred

feet of main road),

Tejgaon Industrial

Area, Sher-e-

Banglanagar

Administrative Area,

Agargaon

Administrative Area,

Lalmatia, Mohakhali

DOHS, Cantonment of

Dhaka and Khulshi of

Chittagong

4% of the deed value orTk 1,80,000/-

ever is higher

Kakrail, Segunbagicha,

Bijoynagar, Eskaton,

Green Road, Elephant

Road area (outside one

hundred feet of main

road) of Dhaka


whichever is higher


Section/

Rule


Authority

Timing of



Section

53H,

Rule 17II




of property

Before registration

Within the jurisdiction of

Rajdhani Unnayan

Kartripakya (RAJUK)

and Chittagong

Development Authority

(CDA) except areas

specified above

4% of deed value

Syampur Industrial

Area, Postagola

Industrial Area and

Jurain Industrial Area of

Dhaka


whichever is higher

Khilgaon Rehabilitation

Area (beside less than

100 feet road),

Rajarbagh

Rehabilitation Area

(beside 40 feet and

other internal road) of

Dhaka


whichever is higher

Goran (beside 40 feet

road) and Hajaribagh

Tannery Area of Dhaka


whichever is higher


value less cost of

acquisition

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 Tk 600/- per square meter or 4% of the

deed value of such structure, building, flat, apartment or floor

space, whichever is higher

Land or land and building located in following areas


Section/

Rule


Authority

Timing of



Section

53HH

Collection of tax from lease of

immovable property

Any registering officer


any document relating to

lease of immovable

property for not less than 10

years

Before registration

Section

53I

Interest on deposit of Post

Office Savings Bank Account


paying interest


credt to the account of payee,

whichever is earlier

Section

53J

Rental value of vacant land or

plant or machinery


Section

53H,

Rule 17II




of property

Before registration

Within the jurisdiction of

Gazipur, Narayanganj,

Munshiganj, Manikganj,

Narsingdi, Dhaka and

Chittagong districts

[excluding Rajdhani

Unnayan Kartripakya

(RAJUK) and

Chittagong

Development Authority

(CDA)], and within any

City Corporation

(excluding Dhaka South

City Corporation and

Dhaka North City

Corporation) and

Cantonment Board

3% of deed value

Areas within the

jurisdiction of a

paurasabha of any

district headquarter

3% of deed value

Areas of any other

Pauroshova

2% of deed value

Any other area not

specified above

1% of deed value


value less cost of

acquisition

4%

10%

5%


Section/

Rule


Authority

Timing of



Section

53K

Deduction from payment to

newspaper or magazine or

private television channel or

private radio station or any web

site or any person for

advertisement or for purchasing

air time.

Specified person At the time of payment

Section

53N

Collection of tax from transfer of

share of shareholder of Stock

Exchanges

Principal Officer of stock

exchange

At the time of transfer or

declaration of transfer or

according consent to transfer,

whichever is earlier

Minimum tax (82C)

Section

53P

Deduction of tax from any sum

paid by real estate developer to

land owner

Person engaged in real

estate or land development

business

At the time of payment Final tax (82C)

Section

55

Income from lottery, winnings,

etc., as referred to in section 19

(13)


payment

At the time of payment Minimum tax (82C)

Sl.

No.

Rate

1 20%

2 20%

3 20%

Section

54

Deduction of tax from dividends

4%

5% (transfer value - cost of acquisition)

15% on profit and gain

Section

56

Income of non-residents

15% (total of signing money, subsistence money, house rent

or in any other form called by whatever name for development

of land)

20%

Minimum tax liability of

non-resident and not

subject to refund, set-off

or adjustment [Section 56

(2A)]

Section

53M

Collection of tax from transfer of

securities or mutual fund units

listed with stock exchange by

the sponsor shareholders or

director or placement holder

BSEC or Stock Exchange At the time of transfer or

declaration of transfer or

according consent to transferTransfer value is closing price on the day of consent

accorded and if not traded on that day, the closing price of the

day when it was last traded

Transfer includes transfer under a gift, bequest, will or an

irrevocable trust

Principal officer of a

company

At the time of payment Bangladeshi company 20%

10%, if TIN is furnished

15%, if TIN is not furnished

Resident or non-

resident Bangladeshi

Minimum tax (82C)

Advisory or consultancy service

No TDS: Distribution of taxed dividend to a company if such

taxed dividend enjoys exemption under para 60, Part A, 6th

Schedule

Specified person or any

other person responsible for

making payment to non-

resident which constitutes

income chargeable to tax

under the ITO, 1984

At the time of payment Description of services or

payments

Pre-shipment inspection service

Professional service, technical

services, technical know-how

or technical assistance


Section/

Rule


Authority

Timing of



4 20%

5 20%

6 20%

7 20%

820%

9 20%

1020%

11 20%

12 20%

13 15%

14

7.5%

15

7.5%

16 7.5%

17 15%

18 10%

19 15%

20%

30%

21 30%

22 30%

23 5.25%

Supplier

20

Section

56


Artist, singer or player

Salary or remuneration

Exploration or drilling in petroleum

operations

Rental of machinery, equipment,

etc.

Interest

Dividend:

(a) Company, fund and trust

(b) Any other person, not being a

company, fund and trust

Insurance premium

Advertisement broadcasting

Advertisement making or digital

marketing

Management service including

event management

Commission

Royalty, license fee or payments

related to intangibles

Architecture, interior design or

landscape design, fashion design

or process design

Certification, rating, etc.

Legal service

Charge or rent for satellite, airtime

or frequency, rent for channel

broadcast





(2A)]

Capital gain






under the ITO, 1984


Air transport or water transport not

being the carrying services

mentioned in section 102 or 103A

Contractor, sub-contractor of

manufacturing, process or

conversion, civil work,

construction, engineering or works

of similar nature


Section/

Rule


Authority

Timing of



24 5.25%

24A 20%

25

5.25%

26 20%

27 30%

Section

68A

Advance tax by cigarette

manufacturer

Taxes zone concerned Every month and adjustable

against quarterly installments

u/s 66

Sl.

No.

Rate (Tk.)

1 25,000

2 50,000

3 75,000

4 125,000

5 150,000

6 200,000

7 30,000

Any payments against any

services not mentioned above

Any other payments

Section

56


Survey for coal, oil or gas

exploration

Any service for making

connectivity between oil or gas

field and its export point

Fees, etc., of surveyors of general

insurance company

Non-deduction/Partial deduction: NBR's certificate is

required for making payment to non-resident without

deduction or with a deduction at reduced rate due to tax treaty

or any other reason. Certificate will be issued within 30 days.





(2A)]

3% X (gross sale - VAT & SD)

Note: Person on authority concerned shall not effect transfer

of shares if tax on capital gain is not paid






under the ITO, 1984


Note: (i) Adjustable

against tax payable for

income from regular

sources; (ii) not

refundable; (iii)

exemption list provided in

section 68B

On or before the date of

registration or fitness renewal

Section

68B

Advance tax by owner of

private motor car

Authority responsible for

registration/fitness renewal

Type & egine capacity

Car/jee, <1500cc

Car/jee, >1500cc but <2000cc




Car/jee, >3500cc

Microbus

Note: (i) 50% higher tax for each additional motor car, if

owner has 2 or more motor cars in own or joint names; (ii)

AIT exempted in the cases specified in section 68B (3)

The End

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