What is Corporate Income Tax (CIT) The Corporate Income Tax (CIT) in Bangladesh is a taxation framework specifically designed for corporations operating within the country. Within the broader context of Bangladesh’s taxation system, corporate income tax holds considerable significance as a key avenue for the government to generate revenue. In

What is Surcharge? Surcharge on income tax in Bangladesh – Surcharge which can also be referred to as an additional charge, fundamentally represents a tax imposed on an existing tax. This additional fee is computed based on the payable tax rather than the total income generated. Specifically, in the context

What is the Carbon Tax on Vehicles? Carbon Tax on Vehicles – A carbon tax is a tax applied to the combustion of carbon-based fuels such as coal, oil, and gas. It serves as a fundamental policy to curtail and ultimately phase out the utilization of fossil fuels, whose combustion

What is a Statement of Lifestyle expenses IT 10BB FORM ? A Statement of Lifestyle Expenses IT 10BB FORM serves as a comprehensive documentation designed to delineate the intricate details of an individual assessee’s lifestyle expenditures in a financial year. This statement, denoted as “IT 10BB FORM”, encapsulates a specified