NBR plans raising tax on ultra-rich to 35%

The National Board of Revenue (NBR) is
planning to increase the tax rate for ultra-rich individuals from the existing
30% to 35%, a move that could come into effect from the 2027-28 fiscal year.
"We have a
plan to implement this from the year after the next fiscal year. I will place
the proposal before the finance minister," NBR Chairman Abdur Rahman Khan
said at a pre-budget discussion with leaders of the Economic Reporters Forum
(ERF) at the NBR headquarters in Agargaon today (31 March).
He said the
revised rate could apply to a "super-rich group" – those who earn
above Tk1 crore annually, or potentially higher thresholds such as Tk1.5 crore
or Tk5 crore.
The NBR chief also indicated that the
upcoming budget for FY2026-27 may include measures to increase the prices of
tobacco products.
Among others
present at the discussion were ERF President Doulot Akter Mala, General
Secretary Abul Kashem, officials of NBR, and other senior leaders of ERF.
















