Withholding Tax Rates for 2021-22

Sl Applicable for Rate of Tax Reference

1 Salaries including salaries As per ceiling of income Sec – 50

of Government employee
2 Discount on real value Higher of maximum rate or applicable rate Sec – 50A
of Bangladesh Bank
bills
3 Remuneration to Member Average rate applicable to assessee based on personal Sec – 50B
of Parliament tax rate structure
4 Interest on securities 5% Sec – 51
Subject to
certain
conditions
5 Payment for execution Sec –52;
of contracts or sub- Rule –16
Contract, other than a
contract for providing See details
/rendering a service below
mentioned in any other (Amended)
section of Chapter-VII,
supply of goods,
manufacturing, processing,
conversion, printing,
packaging, binding
a. Subject to clause (b), in < 50 lakh 3% Sec –52;
case of payment made Rule –16
sub-section (1) of > 50 lakh < 2 crore 5%
section 52, the > 2 crore 7%
deduction on payment
shall be
b. The rate of deduction Sec –52;
from the following See details below Rule –16
classes of persons shall
be at the
following rate:
 In case of oil supplied by 0.60%
oil marketing companies
 In case of oil supplied by 1%
dealer/agent (excluding
petrol pump station) of
oil marketing companies,
on any amount.
 Withholding Tax Rates for 2021-22

 In case of supply of oilby 3%

any company
engaged in oil
refinery, on any
amount.
 In case ofcompany 3%
engaged in gas
transmission, on any
amount.
 In case ofcompany 3%
engaged in gas
distribution, on any
amount.
 In case of an Industrial 2%
undertaking engaged in
producing cement, iron or
iron products except MS
billets
 In case of an industrial 0.5%
undertaking engaged in
the production of MS
billets

 In case of locally 0.5%

procured MS Scrap
 In case of supply of rice, 2%
wheat, potato, onion,
garlic, peas, chickpeas,
lentils, ginger, turmeric,
dried chillies, pulses,
maize, coarse flour, flour,
salt, edible oil, sugar,
black pepper, cinnamon,
cardamom, clove, date,
cassia leaf, jute, cotton,
yarn and all kinds of fruits
6 Payment for royalties, Base amount up to Tk. 25 lakh: 10% of base Sec – 52A
franchise, fee for using amount
license, brand name, patent,
invention, formula, process, Base amount exceeding Tk. 25 lakh: 12% of
method, design, pattern, base amount
know-how, copyright,
trademark, trade name,
literary / musical / artistic
composition, survey, study,
forecast, estimate, customer
list or any other intangibles
Subject to certain condition
 Withholding Tax Rates for 2021-22

Payment for following Base amount up to Base amount

services Tk. 25 Lakh exceeding Tk. 25 Lakh

7 Advisory or consultancy 10% 12% Sec - 52AA

Service
8 Professional service, 10% 12% Sec - 52AA
technical services
fee, technical
assistance fee
9 Professional service by 10% 12% Sec - 52AA
doctors

10 Catering service Sec - 52AA

a) On commission 10% 12%
b) On gross amount 1.5% 2%

11 Cleaning service Sec - 52AA

a) On commission 10% 12%
b) On gross amount 1.5% 2%

12 Collection and Sec - 52AA

recovery agency
a) On commission 10% 12%
b) On gross amount 1.5% 2%

13 Management of Sec - 52AA

events, training, 10% 12%
workshops etc. 1.5% 2%
a) On commission
b) On gross amount
14 Private security Sec - 52AA
a) On commission 10% 12%
b) On gross amount 1.5% 2%
15 Supply of manpower Sec - 52AA
a) On commission 10% 12%
b) On gross amount 1.5% 2%

16 Creative Media Service Sec - 52AA

a) On commission 10% 12%
b) On gross amount 1.5% 2%

17 Public Relations Service Sec - 52AA

a) On commission 10% 12%
b) On gross amount 1.5% 2%

18 Event Management Service Sec - 52AA

a) On commission 10% 12%
b) On gross amount 1.5% 2%
 Withholding Tax Rates for 2021-22

19 Media Buying Agency Sec - 52AA

Service 10% 12%
a) On commission 0.5% 0.65%
b) On gross amount
20 Indenting commission 6% 8% Sec - 52AA
21 Meeting fees, 10% 12 Sec - 52AA
training fees or %
honorarium
22 Credit rating agency 10% 12% Sec - 52AA
23 Motor garage workshop 6% 8% Sec - 52AA
24 Private container port 6% 8% Sec - 52AA
or dockyard service
25 Shipping 6% 8% Sec - 52AA
agency
commission
26 Stevedoring / berth
operation
commission 10% 12% Sec - 52AA
a) On commission 1.5% 2%
b) On gross amount
27 Transport service, carrying 3% 4% Sec - 52AA
service, Vehicle rental, ride
sharing, co-working and
accommodation service.
28 Wheeling Charge for 2% 3% Sec - 52AA
Electricity
Commission
29 Any service not 10% 12% Sec - 52AA
mentioned in Chapter –
VII, except for services
provided by bank,
insurance or financial
institutions
30 Mobile network operator, Base amount up to Tk. 25 lakh: 10% of base Sec - 52AA
technical support service amount
provider, service delivery
agents engaged in mobile Base amount exceeding Tk. 25 lakh: 12% of
banking operations base amount

31 Clearing & 10% Sec - 52AAA

forwarding agency
commission
32 Manual cigarette 10% Sec – 52B
manufacturer
(Biri)
 Withholding Tax Rates for 2021-22

33 Compensation 6% Sec – 52C

against acquisition of
immovable property
situated in city
corporation,
paurashava or
cantonment board
area
34 Compensation 3% Sec – 52C
against acquisition of
immovable property
situated outside city
corporation,
paurashava or
cantonment board
area
35 Interest on saving 10% Sec – 52D
instruments Subject
to certain conditions
36 Payment of 5% Sec – 52DD
workers’
participation fund
(Deduction not
required, if-the
beneficiary
doesn’t have
taxable income or
payment not
exceed Tk.
25,000/-)
37 Brick manufacturer for
permission of manufacturing
 One section Tk. 45,000
brick field
 One and half Tk. 70,000 Sec – 52F
section brickfield
 Two section Tk. 90,000
brick field
 Automatic brick Tk. 150,000
38 Commission of letter 5% Sec – 52I
of credit
 Withholding Tax Rates for 2021-22

39 Travel agent Subject 0.30% of airfare Sec – 52JJ

to certain conditions or cargo
charge
40 Renewal of See Details Below
trade license
 Dhaka North Tk. 3000
and South City
Corporation or
ChittagongCit
y Sec – 52K
Corporation
 Other Tk. 2000
City
Corporati
on
 Paurashava at Tk. 1000
any district
headquarter
 Otherpaurashava Tk. 500
41 Freight forward 15% Sec – 52M
agency commission
42 Rental power company 6% Sec – 52N

43 Foreign technician 5% Sec – 52O

serving in a
diamond cutting
industry
44 Services from 5% Sec – 52P
convention hall,
conference center,
etc.
45 Services provided to 10% Sec – 52Q
any foreign person
by a resident and
received remittance.
Received as 7.5%
consideration for
contracts on
manufacturing,
process or
conversion, civil
work, construction,
engineering or works
of similar nature:
 Withholding Tax Rates for 2021-22

46 International 1.5% Sec – 52R

Gateway (IGW)
service operator
47 Interconnection 7.5% Sec – 52R
Exchange (ICX),
Access Network
Services (ANS),
BRTC, any other
person having
agreement with
BTRC
48 Manufacturer of 4% Sec – 52S
soft drink and
mineral or bottled
water
49 Payment in excess 5% Sec – 52T
of premium paid
on life insurance
policy
50 Local letter of credit 3% Sec – 52U
(on proceeds
exceeding Tk.
500,000)
51 L C or any financing 2% Sec – 52U
agreement to
purchase rice, wheat,
potato, garlic, peas
etc.
52 Payment to 10% Sec – 52V
regulatory authority
by cellular mobile
phone operator
53 Importer 5% Sec – 53;
(The rate may Rule – 17A
vary subject to
certain
conditions)
54 Rent payment for 5% Sec – 53A
house property
55 Shipping business See Details Below
of a resident
 Freight received 5%
Sec – 53AA
or receivable in
or out of
Bangladesh
 Withholding Tax Rates for 2021-22

 Freight 3%
received or
receivable from
service
rendered
between two or
more foreign
countries
56 Export of manpower- Sec – 53B;
- On service fee 10%
- Advance tax for issue 50,000/-
or license renewal
57 Export of knit wear, 0.5% Sec – 53BB;
woven garments, for all goods (except for jute goods)
terry towel, carton,
0.60% for jute goods
garments
accessories, jute
goods, frozen
foods, vegetables,
leather goods, and
packed food
Subject to
certain
conditions
58 Member of 0.05% Sec – 53BBB;
Stock
Exchanges
Member of Stock 10% Sec – 53BBB;
Exchanges on the
commission received or
receivable from transaction
of securities other then
shares and mutual funds
transfer.
59 Export of goods Sec –
except for items 0.50% 53BBBB;
specified in Section
– 53BB
Subject to
certain
conditions
60 Goods or property 10% Sec –53C;
sold by public 1% for auction of tea
auction
 Withholding Tax Rates for 2021-22

61 Courier business 15% Sec – 53CCC

of a non-
resident
62 Purchase of 10% Sec – 53D(1)
film, drama,TV
or radio
program
63 Performance in 10% Sec – 53D(2)
film, drama,
advertisement, TV
or radio program
Subject to
certain
condition
64 Export cash subsidy 10% Sec – 53DDD

65 Commission, 10% Sec – 53E(1)

discount, fees
66 Distributor or other 5% Sec – 53E(2)
person purchasing
goods at a price
lower than fixed
retail price Subject
to certain
Condition
67 Commission or 10% Sec – 53EE
remuneration paid
to agent of foreign
buyer
68 Interest on savings See Details Below Sec – 53F
deposit, fixed
deposit, term
deposit
 If TIN isfurnished 10%

 If TIN is not 10%

furnished and
deposit
amount is up
to Tk.100,000
 If TIN is not 15%
furnished
and deposit
amount
exceeds
Tk. 100,000
 Withholding Tax Rates for 2021-22

 Public 10%
university,
educational
institutions,
ICAB, ICMAB
andICSB
 Fund 5%
69 Real estate or As specified in Section – 53FF Sec – 53FF
land development
business
70 Insurance commission 5% Sec – 53G

71 Fees etc. of 10% Sec – 53GG

surveyor of general
insurance company
72 Transfer of property As specified in Section – 53H Sec – 53H;
and Rule – 17II Rule– 17II

73 Lease of 4% Sec – 53HH

property
Subject to
certain
conditions
74 Interest on 10% Sec – 53I
deposit of Post
Office Savings
Bank Account
75 Rental value of 5% Sec – 53J
vacant land, plant
or machinery
76 Advertisement or 4% Sec – 53K
airtime bill of
newspaper,
magazine, private
TV channel,
private radio
station,
Website
77 Transfer of 5% Sec – 53M
securities or mutual
fund units by
sponsor
shareholder,
director, placement
holder of listed
companies
 Withholding Tax Rates for 2021-22

78 Transfer of 15% Sec – 53N

share of
shareholder of
Stock Exchange
79 Signing money, 15% Sec – 53P
subsistence
money, house rent
etc. paid to land
owner by real
estate developer
80 Dividend See Details Below
 Company 20%
 Assessee other
Sec –54;
than company, 10%
Rule –19
if TIN is
furnished
 Assessee other 15%
than company,
if TIN is not
furnished
81 Lottery 20% Sec – 55

82 Payment to non– 20% Sec – 56

resident for
advisory or
consultancy service
83 Payment to 20% Sec – 56
non– resident
for pre-
shipment
inspection
service
84 Payment to non– 20% Sec – 56
resident for
professional
service, technical
services, technical
know-how or
technical
assistance
 Withholding Tax Rates for 2021-22

85 Payment to non– 20% Sec – 56

resident for
architecture,
interior design,
landscape design
fashion design,
process design
86 Payment to 20% Sec – 56
non– resident
for
certification,
rating etc.
87 Payment to non– 20% Sec – 56
resident for
charge or rent for
satellite, airtime or
frequency , rent
for channel
broadcast
88 Payment to 20% Sec – 56
non– resident
for legal
service
89 Payment to 20% Sec – 56
non–
resident for
managemen
t
service
includingevent
management
90 Payment to non– 20% Sec – 56
resident for
commission
91 Payment to non– 20% Sec – 56
resident for royalty,
license fee or
payments related to
intangibles
92 Payment to 20% Sec – 56
non– resident
for interest
93 Payment to 20% Sec – 56
non–
resident for
advertiseme
 Withholding Tax Rates for 2021-22

nt
broadcasting

94 Payment to 15% Sec – 56

non–
resident
for advertisement
making
95 Payment to 7.5% Sec – 56
non– resident
for air
transport or
water
transport
96 Payment to non– 7.5% Sec – 56
resident
contractor or sub-
contractor for
manufacturing,
processing or
conversion, civil
work, construction,
engineering or
works of similar
nature
97 Payment to 7.5% Sec – 56
non– resident
supplier
98 Payment to non– 15% Sec – 56
resident for capital
gain
99 Payment to non– 10% Sec – 56
resident for
insurance
premium
100 Payment to non– 15% Sec – 56
resident for rental
of machinery,
equipment
etc.
101 Payment to non– 20% Sec – 56
resident
company, fund
and trust for
dividend
 Withholding Tax Rates for 2021-22

102 Payment to any 30% Sec – 56

non– resident
person (except for
company, fund and
trust) for
dividend
103 Payment to non– 30% Sec – 56
resident artist,
singer or player
104 Payment to non– 30% Sec – 56
resident for
salary or
remuneration
105 Payment to non– 5.25% Sec – 56
resident for
exploration or
drilling in petroleum
Operation
106 Payment to non– 5.25% Sec – 56
resident for survey
for oil or gas
exploration
Fees etc of 20% Sec - 56
surveyors of
General Insurance
Company
107 Payment to non– 5.25% Sec – 56
resident for any
service for making
connectivity between
oil or gas field and
its export point
108 Any other 20% Sec – 56
payments made to
non–resident for
any other services
109 Any other 30% Sec – 56
payments to non–
resident