Dhaka, June 2 -- Finance Adviser Dr Salehuddin Ahmed in his budget speech proposed no change in tax-free income thresholds for the upcoming fiscal year, but suggested changes in caps for the assessment years 2026-2027 and 2027-2028.
"In line with international best practices and considering factors such as the promotion of trade and commerce, enhancement of investor confidence, and policy certainty, prospective tax rates and surcharges for the FY 2025-26 assessment year were determined through the Finance Act, 2024. In continuation of this, the Finance Ordinance, 2025 has set the tax rates and surcharges for the assessment years 2026-2027 and 2027-2028," he said.
As a result, he said, taxpayers will be able to have a clear understanding...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.