Bangladesh — Turnover tax 63
This page records one dated change. For the rules in Bangladesh as they stand today, see the Bangladesh guide →
- Jurisdiction
- 🇧🇩 Bangladesh
- Tax
- VAT
- Change type
- Rate change
- Status
- In force
- Impact
- Action required
- Effective
- 1 July 2026
- Instrument
- BD-FINACT-96-2026
- Systems
- Tax engine, ERP, Reporting
- Verified
- Fetched from official source · high confidence
Update Turnover Tax calculations for Bangladeshi enlisted persons (turnover between BDT 3,000,000 and BDT 8,000,000) from 3% to 4% of turnover for periods from 1 July 2026, and watch the Gazette for a fixed sector-specific amount capped at BDT 200,000.
Tax engineERPReporting
The Finance Act 2026 (Act No. 96 of 2026) substitutes section 63(1) of the Value Added Tax and Supplementary Duty Act 2012 with effect from 1 July 2026, changing how Turnover Tax is charged on enlisted persons. The Government may, by Gazette notification, set a fixed sector-specific Turnover Tax amount, which may not exceed BDT 200,000. Until such a notification is issued, an enlisted person pays Turnover Tax at 4% of the turnover of their economic activities. The previously published rate was 3%.