4 Basic salary

medical allowance
conveyance allowance
Less: Exempted (up to 30000)
Mobile bill allowance
Dearness allowance (480000*5%)
Festival bonuses
House rent
Less: Exempted - Lower of 50% of Basic salary )
Servant allowance
Provident fund
Interest on RPF@ 14.5%
Less: exempted- lower interest rate @14.5 i.e (8000/14.5*14.5)
Income from Salary

Income rice (300*585)

IncomeRabi crop
Income from tea (80000*60)
Income sale of palm juice

Less: admissible expenses:

Production cost
union parisad tax
crop insurance premium
Depreciation cost
cost of kutcha irrigation channel

Income from other businesss:

Income from tea (80000*40)
Income sale of pond fish
Sale of share

Income from agriculture

Rental value (57000*4*12)

Add:TDS (2256000*5/(100-5)
Actual rental value
Municipal value
Annual value (higher one)

Less: Admissible expense:

Repair & maintenance (2880000*30%)
Municipal tax
WASA charge
Interest on borrowed capital
Insurance premium
Vacency allowence (2880000/4/12*2)

Income from house property

Total

Investment allowowance
Insurance premium
Miximum limit: (1000000*10%)
Deposited to DPS
Educational expenses of public university
Donation to recognized fund
savings certificate
government securities
purchased share
Actual investment

Miximum limit of investment

or, of Total income = 25% of 2718550
lower one
investment tax credit 480000@15

tax liability
on the first 300000
on the next 400000
on the next 500000
on the next 600000
on the next 918550
Total 2718550
less investment tax credit
Tax liability
Add: surchach 15%

Less: TDS
Total tax libilities
3 Income from Salary
Income from Securities
Income from house property
Income from agriculture
Income from Business or profession
Capital gain
Income from other sources
Total income

Investment allowowance
Insurance premium
Miximum limit: (820000*10%)
Deposited to DPS
Educational expenses
Donated to recognized fund
Purchased of savings certificate
Purchase of treasury bond
Purchase of 10% debentures
Donated to prime minister’s relief fund
Recognized high school
local sporting club
Donated to Sir Salimullah Muslim Orphanage
Recognized welfare fund
Government zakat fund
Gift to wife
Purchased share of unlisted company
Purchase of shares of a co-operative society
Purchase of shares of a private limited company
Purchased of shares of registered partnership firm
Purchased primary shares of a listed company
Purchased shares of a listed company from Dhaka Stock Exchange
Donated to Bangladesh Sports Council
Donated to President’s relief fund
Advance payment for expenses
Purchase of a desktop Computer
Donation for Philanthropic Institution
Actual investment

Maximum limit of investment

or 25% of total income = 2085000

investment tax credit 929100@15%

Tax liability
on the first 300000
on the next 400000
on the next 500000
on the next 600000
on the next 285000
Total 2085000
less investment tax credit
Tax liability
 480000
44400
55500
30000 25500
12000
24000
80000
240000
240000
24000
48000
8000
8000
737900

175500
35000
48000
5000
263500

158100
3,250
8000
16000
10000
195350
68150
32000
8000
8000
48000
116150

2,736,000
144000
2,880,000
600000
2880000

864000
10000
 9000
5000
7500
120000
1015500
1864500
2718550

80,000
100000 80,000
24000
44,000
115,000
80,000
112,000
25,000
480,000

15000000
679638
679638
72000

rate
0% nill
10% 40000
15% 75000
20% 120000
25% 229638
464638
72000
392638
58896
451534
24000
427534
 10, 00,000
650,000
360,000
80,000
525,000
20,000
450,000
2085000

82,000
820000 82000
27600
84,000
100,000
40,000
50000
10000
45000
56,000
15,000
20,000
1500
16,000
36,000
22,000
13,000
7,000
5000
23,000
45,000
9000
50,000
17,000
45,000
110,000
929100

15000000
521250
Lower one 521250
139365
 0% nill
10% 40000
15% 75000
20% 120000
25% 71250
306250
139365
166885