The structure of surcharge on the disclosed net wealth of individual taxpayers has not changed from the budget presented in last fiscal year. According to the proposed budget, the surcharge rate for net wealth of Tk 22.5 million is zero like the previous year. But the rate for net wealth of more than Tk 22.5 million but less than Tk 50 million is 10 percent. Those who have net wealth of more than Tk 150 million but less than Tk 200 million will have to pay 25 percent surcharge. Muhith also proposed that the minimum surcharge be maintained at last year’s level, which is Tk 3,000 where the net wealth exceeds Tk 22.5 million.

Source: bd News24 June 01, 2017 17:37 UTC