Dear Recipient,

The attached Income Tax Calculator has been developed by Mr. Abdullah Al
(abdullah.helal12918@gmail.com-abdullah_helal@yahoo.com) Senior Officer, Finance & Acc
Division, Head Office, First Security Islami Bank Ltd. It may help you significantly in computing ta
income, tax liability and filing income tax return. Please note that your input is required in the cells highligh
yellow and allowable investment ceiling will be calculated automatically in the green cell.

Disclaimer: If there is any contradiction on any issue of this Income Tax Calculator with that of the o
publications of the Bangladesh Government, the latter shall prevail. Specific professional advice should alwa
obtained based on personal circumstances. Developer accepts no responsibility whatsoever for any
undertaken or refrained from as a result of the information contained herein.
.

by Mr. Abdullah Al Halal,

r Officer, Finance & Accounts
u significantly in computing taxable
s required in the cells highlighted in
e green cell.

Calculator with that of the official

rofessional advice should always be
nsibility whatsoever for any action

Name:
Tax Identification Number:
INCOME YEAR 2011-2012
ASSESSMENT YEAR 2012-2013
INCOME TAX
Total Income
(Taka)

Taxable Income
(Taka)

Basic Salary

5,755,484

5,755,484

House Rent

1,366,927

1,186,927

Conveyance (Cash)

Conveyance (If Car Provided by the Company), Y/N

431,661

Entertainment Allowance

Medical Allowance
Utility
Allowance

House Maintenance Allowance

1,366,927

1,366,927

L.F.C/ L.F.A

2,589,968

2,589,968

575,548

575,548

Other Allowances (If Any)

1,151,097

1,151,097

TOTAL:

12,805,951

13,057,612

12,805,951

13,057,612

Bank's Contribution to Provident Fund

Bonus/Benefit (Festival+Incentive+Performance)

NET INCOME:

Imcome Tax
M

Male (M), Female (F), 65+ (S), or Disabled (D)

Rate

Tax

First Taka
Next Taka

200,000
300,000

0%
10%

30,000

Next Taka
Next Taka

400,000
300,000

15%
20%

60,000
60,000

11,857,612

25%

2,964,403

Balance Taka
Total Tax Payable

3,114,403

Investmrnt Allowance & Tax Rebate

Investment made during the year ( e.g. PF, DPS,PSP,Insurance,)
Allowable Investment limit for Rebate calculation

2,496,413
2,496,413

Tax Rebate on Investment

10%

B
Net Income Tax Payable:

C=A-B

249,641

249,641
2,864,762

Tax deducted at source/ deposited vide challan

By the company as per certificate
Tax deposited vide challan
Tax deducted at source (e.g. bank , etc)
Total Tax Paid:

Balance tax payable/refundable

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