Individual Tax Return

Individual Tax Return Filing in Bangladesh

At Legal Advice & Service Center, we specialize in providing expert individual tax return filing services to our valued clients. With a team of Chartered Accountants, Cost and Management Accountants (CMA), Income Tax Practitioners (ITP), experienced Advocates, retired government income tax officers, and tax attorneys, we ensure you benefit from professional knowledge and technical expertise.

Tax laws in Bangladesh can be complex and ever-changing. Our personalized approach simplifies the process, saves time, and maximizes compliance and tax-saving opportunities.

Our Individual Tax Filing Services Include

• Computation of Taxable Income
• Preparation and Submission of Income Tax Returns
• Filing Supporting Documentation with NBR
• Minimizing Tax Liability Through Strategic Deductions
• Income from Land, Property, and Capital Gains Tax Planning
• Advising on Residency Status and Tax Implications

Benefits of Our Expertise

If you face an audit, Legal Advice & Service Center will handle hearings and legal representations, protecting your best interests and ensuring favorable outcomes. We provide professional guidance to adopt best practices for taxation compliance under the regulations of Bangladesh.

Steps for Individual Tax Return Filing in Bangladesh

Step 1: Overview of Individual Income Tax

In Bangladesh, individuals must file an income tax return annually. To do so, you must obtain an Electronic Tax Identification Number (E-TIN) issued by the National Board of Revenue (NBR). For this, you need your National ID, Passport, or legal proof of residency.

Step 2: Scope of Income Taxation

Taxation depends on your residency status:

• Residents are taxed on global income.
• Non-residents are taxed only on income earned in Bangladesh.

Step 3: Determining Residency Status

An individual is a resident if:

• They have stayed in Bangladesh for more than 182 days in a fiscal year, or
• They have stayed for 90 days in the current year and 365 days across the previous four years.

Non-residents earning no income in Bangladesh are exempt from local tax filing.

Step 4: Taxable Income and Rates

Taxable income includes:

• Salary
• House property
• Business or profession
• Agriculture
• Capital gains
• Other sources

Tax Rates for Male Individuals

Income Slab	Tax Rate
First Tk. 250,000	0%
Next Tk. 400,000	10%
Next Tk. 500,000	15%
Next Tk. 600,000	20%
Over Tk. 3,000,000	25%

Step 5: Filing Obligations

Any individual earning above the taxable limit must file a return. The thresholds differ:

• Tk. 300,000 for women and seniors (65+)
• Tk. 400,000 for physically challenged individuals

Step 6: Filing Deadline

Tax returns must be submitted by 30th November for the preceding fiscal year.

Step 7: Payment of Taxes

Taxes are payable through:

• Advance Income Tax
• Tax Deducted at Source (TDS)
• Direct payment on filing day

Step 8: Required Documents

• Income details
• Investment proofs
• Asset and liability statements

Step 9: Consequences of Non-compliance

Failure to file taxes leads to penalties and surcharges. Many regulatory processes require proof of tax filing.

Step 10: Tax Clearance Certificate

A tax clearance certificate confirms compliance with NBR regulations. It is essential for:

• Government tenders
• Residency applications
• Departure of expatriates

Contact Us

For personalized tax filing solutions, trust Legal Advice & Service Center. Contact us today to ensure compliance and optimize your tax benefits.

📧 bdlegaladvice@gmail.com
📞 +8801710913157, +8801918141318‬

Legal Advice & Service Center – Simplifying Tax Compliance for You.