author_orbitax
Orbitax

Share This Article

Bangladesh Budget for 2021-2022 Delivered

10 June 2021

|

Proposed Changes

|

Bangladesh

The Bangladesh Budget Speech for 2021-2022 was delivered by Finance Minister Mustafa Kamal on 3 June 2021. The main measures of the budget are as follows: Income Tax Corporate tax rates for FY 2021-2022 are set as follows for all classes of taxpayers other than individuals: publicly traded companies - reduced from 25% to 22.5% non-publicly traded companies - reduced from 32.5% to 30% one person companies - reduced from 32.5% to 25% publicly traded banks, and insurance and financial institutions (except merchant banks) - maintained at 37.5% non-publicly traded banks, and insurance and financial institutions - maintained at 40%...