Income Tax Act 2023
Section 106 - Deduction at Source from Interest on Securities
(as updated till Finance Act 2024)
Any person responsible for issuing Government securities, or securities approved by the Government or Bangladesh Securities and Exchange Commission, shall deduct tax at the rate of 5% (five percent) on discount, interest or profit on securities at the time of making payment or credit, whichever is earlier.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.