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Bangladesh Budget for 2021-2022 Delivered

|Proposed Changes|Bangladesh
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 inst…

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