Do you have submitted annual company tax return?
In case of company, annual tax return shall be submitted by 15th day of the 7th month following the end of the income year. where the said date falls before the 15th day of September then the Tax Day will be 15th day of September following the end of the income year. If the above specified day is a […]
Quarterly Filing of Withholding Tax Return: What You Need to Know
In Bangladesh, the Income Tax Act 2023 has introduced specific requirements for filing quarterly withholding tax return. These returns must be submitted to the Deputy Commissioner of Taxes (DCT) using a prescribed format. Understanding the deadlines, responsibilities, and consequences of non-compliance is essential for businesses and institutions that fall under the scope of this law. […]
Changes of Income Taxes 2020
Finance Act 2020 has already been passed and the changes will impact in the financial year 2020-21. The major changes of income taxes 2020 through Finance Act 2020 are divided into three parts which are discussed one by one. Personal Tax The major changes of income taxes for individual taxpayers are increase the tax-free limit […]