Family expenses are increasing day by day but the earnings from the job have increased once a year and it’s becoming more difficult to maintain the monthly expenses.
According to Income Tax Act 2023, taxpayers don’t need to apply for a time extension and you may submit your tax return anytime
taxable income calculation for private service holders is easier this year compared to last year
Failure to file the income tax return by Tax Day, which is observed on November 30, will result in a double penalty compared to last year. So, try to avoid additional penalties by submitting your income tax return within the stipulated time.
The Income Tax Act 2023 has specified the amount of tax rebate you will get to reduce your tax liability. But your investment allowance is not specified.
There is a certain limit for investments in particular areas to avail tax rebate benefits by individual taxpayers as per the Income Tax Act 2023. Tax rebate is important for taxpayers to reduce tax liabilities significantly and save money for financial security in the future.
It’s been long since we had been following the Income Tax Ordinance 1984 and the most important issue is that the International Monetary Fund (IMF) has imposed a condition at the time of approval of the loan to the government to introduce a new tax act.
The proposed Income Tax Act includes 43 service receivers to submit proof of tax filing and if the taxable income does not exceed the tax-free threshold, they have to pay a minimum tax of Tk 2,000.
Family expenses are increasing day by day but the earnings from the job have increased once a year and it’s becoming more difficult to maintain the monthly expenses.
According to Income Tax Act 2023, taxpayers don’t need to apply for a time extension and you may submit your tax return anytime
taxable income calculation for private service holders is easier this year compared to last year
Failure to file the income tax return by Tax Day, which is observed on November 30, will result in a double penalty compared to last year. So, try to avoid additional penalties by submitting your income tax return within the stipulated time.
The Income Tax Act 2023 has specified the amount of tax rebate you will get to reduce your tax liability. But your investment allowance is not specified.
There is a certain limit for investments in particular areas to avail tax rebate benefits by individual taxpayers as per the Income Tax Act 2023. Tax rebate is important for taxpayers to reduce tax liabilities significantly and save money for financial security in the future.
It’s been long since we had been following the Income Tax Ordinance 1984 and the most important issue is that the International Monetary Fund (IMF) has imposed a condition at the time of approval of the loan to the government to introduce a new tax act.
The proposed Income Tax Act includes 43 service receivers to submit proof of tax filing and if the taxable income does not exceed the tax-free threshold, they have to pay a minimum tax of Tk 2,000.
Setting aside a portion of money can be a great help during the worst time. People don’t know what is going to happen in the near future. Any sudden accident may occur and he may require emergency money for treatment.
Considering the available investment areas in Bangladesh, saving certificates are a secure investment sector because these instruments are issued by the government and they will give you the highest return.