Presenting a Tk 3.41 trillion budget on Thursday, he retained the previous Tk 250,000 ceiling for individual tax payers.
For company tax, he said: “The tax rates in Bangladesh have been at a very rational level and as such I propose these rates to remain the same.”
Listed companies currently pay a tax of 25 percent with the exception of banks, insurance firms, cigarette manufacturers and mobile phone operators.
Mobile phone operators pay a tax of 40 percent. Banks, insurance and non-banking financial institutions are also taxed at 40 percent, if listed on the stock market. Those that are not, pay 42.50 percent.
Other non-public trading companies pay 35 percent tax.
