2024-06-10 18:36:28
Finance Minister Abul Hasan Mahmud Ali stated that within the proposed funds for the subsequent monetary yr 2024-2025, no tax will probably be levied on capital features of particular person buyers of the capital market as much as Tk 50 lakhs. Nonetheless, if the revenue is greater than 50 lakh rupees, it should be taxed. Hopefully, in consequence, buyers within the inventory market will profit.
He stated this stuff in response to a query on the post-budget press convention on the capital’s Osmani Memorial Auditorium on Friday (June 7) afternoon. Finance Secretary performed the press convention. Md. Khairuzzaman Majumdar.
Minister of Native Authorities, Rural Growth and Cooperatives within the press convention. Tajul Islam; Business Minister Nurul Majid Mahmud Humayun, Planning Minister Main Common (Retd.) Abdus Salam, Housing and Public Works Minister A. M. Ubaidul Moktadir Chowdhury, Prime Minister’s Financial Adviser Masiur Rahman, Agriculture Minister Dr. Md. Abdus Shaheed, Schooling Minister Mohibul Hasan Chowdhury Naufel, Commerce State Minister Ahsanul Islam Titu, Finance State Minister Wasika Ayesha Khan, Cupboard Secretary Md. Mahbub Hossain, Bangladesh Financial institution Governor Abdur Rauf Talukder and Nationwide Board of Income (NBR) Chairman Abu Hena. Rahmatul Munim was current.
Abul Hasan Mahmud Ali stated, now we have taken steps to manage inflation within the tax construction. Specifically, the federal government should pay tax on the charge of 15 % provided that the realized quantity of capital achieve by means of inventory market transactions is greater than 50 lakh rupees. Realized capital achieve is not going to be taxable whether it is lower than 50 lakh rupees.