01/04/2026
📊 Tax Reform in Focus: A Shift Towards Equity
Recent discussions by the National Board of Revenue (NBR) signal a significant policy direction—proposing an increase in the top income tax rate for ultra-high-net-worth individuals from 30% to 35%. (The Business Standard)
This proposed move, likely to be effective from FY 2027–28, is part of a broader strategy to strengthen domestic revenue and address income inequality. (The Business Standard)
🔍 Key Highlights:
✔️ Targeted at “super-rich” individuals (income thresholds under consideration: Tk 1 crore and above) (The Business Standard)
✔️ Potential introduction of wealth tax and inheritance tax
✔️ Focus on equitable contribution — “those who earn more should pay more” (The Business Standard)
💡 What This Means for Businesses & Individuals:
* Signals a shift toward progressive taxation
* Increased focus on transparency and wealth tracking
* Strategic tax planning will become more critical than ever
* High-net-worth individuals need to reassess tax structures early
At TaxMasters Bangladesh, we view this as a transformational moment for the country’s fiscal landscape. Proactive planning, compliance readiness, and strategic advisory will define success in the evolving tax regime.
📩 Stay ahead of the change—connect with us for expert guidance.
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