Income Tax Act 2023
Section 33 - Determination of monetary value of perquisites, allowances and benefits
(as updated till Finance Act 2024)
The monetary value of perquisites, allowances and benefits other than perquisites, allowances and benefits payable at monetary value shall be determined as per the table below, namely:—
Table
| Serial No | Perquisites, allowances, benefits, etc. | Determined Price |
| (1) | (2) | (3) |
| 1. | Accommodation benefits | a. The annual cost of accommodation, if the accommodation rent is fully paid by the employer or if the accommodation is provided by the employer; b. In respect of accommodation obtained at reduced rent, the difference between the rent determined under clause (a) and the rent paid. |
| 2. | Benefits for each motor vehicle | (a) 10,000 (ten thousand) Taka monthly for vehicles up to 2500 cc; (b) 25,000 (twenty-five thousand) Taka monthly in case of vehicles above 2500 cc |
| 3. | Any other perquisites, allowances or benefits | Monetary value or fair market value of perquisites, allowances or benefits. |
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.