Individual Tax:

Bangladesh adopts a progressive taxation rate on personal income (for resident with presence in Bangladesh for 182 days or more in one fiscal year or ii) for 90 days or more in one fiscal year iii) 365 days or more in preceding 4 years), which ranges from 0% to 25% (surcharge is payable by wealthy individuals). Personal income tax rate is to be determined by the Finance Act every fiscal year. Following is the existing rates of personal income tax:
First BDT 300,000 = Nil Next BDT 100,000 = 5% Next BDT 300,000 = 10% Next BDT 400,000 = 15% Next BDT 500,000 = 20% On balance = 25% Individuals can be entitled to investment tax rebates if they make eligible investments. Foreign nationals can also take benefits of double taxation avoidance treaties.
The budget FY 2021-2022 has proposed to keep existing rate for individual taxpayers unchanged. However, a special provision for the third gender community is introduced and a proposal to fix the tax-free ceiling of this community at Taka 350,000/.