মোট আয় পরিগণনা হইতে বাদ

Sixth Schedule Tax Exemptions, Concessions, and Credits [Notes to Sections 76, 77, and 78] Part 1

The following income shall be excluded from the computation of gross income:

(1) the income of any intergovernmental organization or any international organization or any of its employees exempt from income tax under any Act made by Parliament or any treaty signed by the Government;

(2) any income under-

(a) from the Government concerned by virtue of their employment in such capacity by an Ambassador, High Commissioner, Envoy, Minister, Charge of Affairs, Commissioner, Councillor, Consul of the Career, Secretary, Adviser, or Attaché of a foreign state, High Commission, Legation, or Commission of a foreign state; Remuneration received;
(b) a trade commissioner or other government representative of a foreign country stationed in Bangladesh who is not performing unpaid duties in that capacity receives such salary if such officer of equivalent rank employed for such purpose in the country concerned enjoys similar exemption;
(c) income received as salary by a member of the office staff of an employee referred to in clauses (a) and (b), when such member is not a citizen of Bangladesh and is a citizen of the state representing him or is a citizen of any other foreign state and is a member of the said office staff; A similar exemption applies to officers and employees of the Government of the People's Republic of Bangladesh who are not engaged in any business or profession or employment in Bangladesh other than conducting activities as members and serving in such representative state:

(3) Grants received by the government or local authorities and any taxes, fees, and duties:

(4) pension received by the taxpayer or due to the taxpayer from the Government Pension Fund;

(5) Income of not more than 2 (two) crores and 50 (fifty) lakhs of rupees received by the taxpayer from the Government Gratuity Fund;

(6) any recognized provident fund, approved superannuation fund, pension fund, and approved provident fund.

(a) any contribution received by the employee or employer; and
(b) from the income distributed among the beneficiaries thereof that is chargeable to the said fund;
Provided that the amount received by the taxpayer as gratuity from any approved gratuity fund shall not exceed two (two) crores and 50 (fifty) lakhs taka;

(7) to which the Provident Fund Act, 1925 (Act No. 19 of 1925) applies arising or accruing to any such Provident Fund or any income arising from a Provident Fund;

(8) any sum received under any scheme approved by the government for the purpose of voluntary retirement by any employee of a government body, local authority, or autonomous or semi-autonomous body and their controlled units or institutions;

(9) Any amount received or received as interest from pensioners' savings certificates
Sum of money, in that case, of the said certificate at the end of the relevant income year
Total cumulative realized value of the invested money/actual value/literal value
The purchase price is more than five lakh taka.

(10) Any income earned by the following entities recognized by the Bangladesh Securities and Exchange Commission, namely:

(a) Mutual Fund (Mutual Fund);

(b) Alternative Investment Fund (Alternative Investment Fund);
(c) Real Estate Investment Trust (Real Estate Investment Trust);
(d) Exchange Traded Fund;

(11) Income derived from house property under a trust or other legal obligation held wholly for charitable or religious purposes, except in the case of private institutions registered by the Bureau of NGO Affairs, if the said income—

(a) used for charitable or religious purposes in Bangladesh in the relevant income year; or
(b) is not used for any charitable or religious purpose but is accumulated or finally set aside for the fulfillment of such purpose in Bangladesh, and—
(i) inform the Commissioner of Excise for what reason and for what period such income has been accumulated or set aside;
(ii) the term mentioned in sub-clause (i) does not exceed 10 (ten) years;
(c) such accumulated or set-aside money is invested in government securities or in any other securities approved by the government for the purpose, or deposited in any post office savings bank, or deposited in any such scheduled bank of which 51% (fifty-one percent) or more of its shares are held by the government.

(12) Any donation or grant if it—

(a) a religious institution or any institution managed for charitable purposes approved by the Commissioner of Taxation receives authority and is expended for religious or charitable purposes; or

(b) received by a person authorized by the Bureau of NGO Affairs;

(13) Service charges arising out of the conduct of microcredit activities by any entity registered by the Microcredit Regulatory Authority, subject to compliance with the following conditions:

(a) Except in the areas prescribed by law, such service charge shall be circulated as microcredit only; and

(b) Such entity registered by the Microcredit Regulatory Authority shall not be engaged in any activity other than the conduct of microcredit activities;

(c) The conditions mentioned in sub-clause (b) shall apply from the tax year 2026-2027;

(d) Only so much as is unremitted in any tax year shall be taxable;

Explanation for the purposes of this clause, "service charge" means any financial charge or interest or profit share, by whatever name, paid or payable by the borrower for money lent under the micro-credit program of the private sector;

(14) Reimbursement of expenses of an employee by an employer if—

(a) the said expenditure is wholly and necessarily incurred in the performance of the duties of the employee; and

(b) it was most convenient for the employer to incur such expenditure through the said employee;

(15) the portion of the income received by the beneficiary of the trust or participant of the fund as part of the income of the trust or fund on which tax has been paid by the said trust or fund;

(16) the amount received by a taxpayer as a member of a Hindu undivided family, on which tax is paid by that family;

(17) any income earned abroad by a Bangladeshi natural person taxpayer which he brings into Bangladesh in accordance with existing laws relating to foreign remittances;

(18) any income received by a taxpayer from a Wage Earners Development Fund, US Dollar Premium Bond, US Dollar Investment Bond, Euro Premium Bond, Euro Investment Bond, Pound Sterling Investment Bond, or Pound Sterling Premium Bond;

(19) the income of any natural person belonging to the minor tribes of the Rangamati, Bandarban, and Khagrachari Hill Districts arising solely from economic activities carried on in the said Hill Districts;

(20) any income of a natural person falling within the scope of “income from agriculture” sector not exceeding 2 (two) lakh rupees, if the said person-

(a) is a farmer by occupation;

(b) has no income in the relevant income year other than the following income:

(i) income arising from the cultivation of land;

(ii) Income not exceeding Tk 20 (twenty) thousand on account of interest or profit.

(21) From 1st July 2024 to 30th June 2027, the income of a resident person or a non-resident Bangladeshi natural person arising from any of the following businesses:

(a) AI-based solution development;

(b) Blockchain-based solution development;

(c) robotics process outsourcing;

(d) software as a service;

(e) Cybersecurity service;

(f) Digital data analytics and data science;

(g) Mobile application development service;

(h) Software development and customization;

(i) Software test lab service;

(j) Web listing, website development, and service;

(k) IT assistance and software maintenance service;

(l) Geographic information service;

(m) Digital animation development;

(n) Digital graphics design;

(o) Digital data entry and processing;

(p) E-learning platform and e-publication;

(q) IT freelancing;

(r) Call center service;

(s) Document conversion, imaging, and digital archiving.

Provided that from 1 July 2024, all income, expenditure, and investment of the said business shall be completed through bank transfer.

(22) Income derived from the export of handicrafts between July 1, 2020, and June 30, 2024;  
Any amount paid as tax by the government on behalf of any petroleum exploration company engaged in petroleum product exploration in Bangladesh under a Production Sharing Contract (PSC) with the Government of Bangladesh:

(23) Any amount paid as tax by the government on behalf of any petroleum exploration company engaged in petroleum product exploration in Bangladesh under a Production Sharing Contract (PSC) with the Government of Bangladesh;

(24) Income derived from any small or medium industry engaged in the production of any product, provided that-
(a) If the industry is owned by a woman, the annual turnover does not exceed 7 million (70 lakhs) taka;  
(b) In other cases, the annual turnover does not exceed 5 million (50 lakhs) taka;

(25) Subject to the following conditions, any income derived by an individual from Zero Coupon Bonds, except for banks, insurance companies, or any financial institutions, provided that:
(a) The Zero Coupon Bonds are issued by any bank, insurance company, or financial institution with prior approval from Bangladesh Bank or the Bangladesh Securities and Exchange Commission;  
(b) The Zero Coupon Bonds are issued by any institution other than banks, insurance companies, or financial institutions with prior approval from Bangladesh Bank or the Bangladesh Securities and Exchange Commission;

(26) Any income earned by an educational institution that is not considered "income from financial assets," provided the institution complies with the following conditions:
(a) It is enlisted under the government's Monthly Pay Order (MPO);  
(b) It follows a government-approved curriculum;  
(c) It is managed by a governing body formed according to government rules and regulations;

(27) One-third of income considered "income from employment" or 450,000 taka, whichever is less;

(28) Any income received by a public university, excluding interest or dividends;  
Any honorarium or allowance received by an individual from the Bangladesh Muktijoddha Kalyan Trust or any welfare allowance received from the government:

(29) Any honorarium or allowance received by an individual from the Bangladesh Muktijoddha Kalyan Trust or any welfare allowance received from the government;

(30) Any prize money received by an individual from the government;

(31) Any income derived from operating an old-age home;

(32) Taxed dividends distributed in favor of any company, provided that the distributing company maintains a separate account for such taxed dividends;

(33) Income derived from any business of an ocean-going ship being a Bangladeshi flag carrier and brought to Bangladesh in accordance with foreign remittance regulations by June 30, 2030;

(34) Any income derived from pensions under the universal pension scheme;

(35) Any asset received as a gift from a spouse, parent, or child, provided that it is declared in the returns of both the donor and the recipient;  
However, if the gift is sent from abroad to the recipient in Bangladesh through a banking channel, the requirement to declare it in the donor's return will not apply;

(36) Any capital gain of up to 5 million (50 lakhs) taka received by an individual, provided that:
(a) It is derived from the transfer of shares or units of any listed company or fund; and  
(b) It is not derived from the transfer of sponsor, director, or placement shares or units of any company or fund.

Comment :