Invest in government-designated sectors to save money easily. Maximize your returns and increase your tax rebate.
Did you know your investments can come with benefits? The government gives tax breaks to encourage people like you to invest in certain areas and support specific causes.
Here's the scoop: Your tax rebate is determined by the smallest of these three figures— 10 million taka, 3% of your total taxable income, or 15% of your actual investment. This rebate becomes a game-changer as it gets deducted from your total payable income tax, putting more money back in your pocket.
Invest in sectors like the stock market, provident funds, DPS, savings certificates, and life insurance to secure your financial future and qualify for tax rebates. Turn your investments into a tax advantage and start reaping the rewards for a prosperous financial journey.
Learn how to get the most out of your tax rebates with tips from the National Board of Revenue (NBR). You can get rebates up to the highest limit for your investments and donations in specific sectors.
Here's the key: Submit your income tax return, showcasing your annual income, expenses, and assets using the prescribed form. Take advantage of this opportunity by ensuring accurate calculations when submitting your annual income tax statement to the National Board of Revenue. Let's make your tax journey efficient and rewarding. Start optimizing your rebates today!
Investment Sectors:
▶️ Shares of Listed Companies: No upper limit for tax rebate!
▶️ Mutual Funds, Unit Funds, or Debentures: Enjoy a maximum tax rebate of 5,00,000 taka.
▶️ Deposit Pension Schemes (DPS): Invest with a maximum tax rebate limit of 1,20,000 taka.
▶️ Government Securities: Secure your future with a tax rebate limit of 5,00,000 taka.
▶️ Life Insurance Premiums: Get rebates up to 10% of your life policy's value.
Donation and Contribution Sectors:
▶️ Provident Fund for Government Officials: Support the future with your contributions.
▶️ Employer and Employee Recognized Future Funds: Make a difference in employee welfare.
▶️ Welfare Funds, Group Insurance Funds, and Super Annuity Funds: Contribute to societal well-being.
▶️ National-Level Institutions Honoring the Father of the Nation: Preserve the legacy through your donations.
▶️ Zakat Funds: Fulfill your charitable obligations.
▶️ Charitable Hospitals Approved by NBR: Support healthcare initiatives.
▶️ Institutions for the Welfare of the Disabled: Make a positive impact on the lives of the disabled.
▶️ Liberation War Museum: Contribute to preserving history.
▶️ Aga Khan Development Network, Ahsania Cancer Hospital, ICDDR’B, and CRP, Savar: Support worthy causes.
▶️ Government-Approved Public Welfare or Educational Institutions: Invest in education and societal progress.
▶️ Asiatic Society, Bangladesh: Contribute to cultural and educational development.
▶️ Dhaka Ahsania Mission Cancer Hospital: Make a difference in healthcare.
▶️ National-Level Institutions Preserving the Memory of the Liberation War: Support a significant part of our history.
Dreaming of a bigger tax refund?
To get your rebate, fill out Form 24D with your return form. Include your investment and donation details to get a bigger refund.
Seal the Deal: Attach this completed form to your annual return, ensuring a seamless process. Don't forget to fortify your claim with solid proof of your investments or contributions. Let's make your tax journey rewarding and stress-free! Start claiming your well-deserved rebate today!
Ready to keep more of your hard-earned money in your pocket? Meet our Tax Rebate Calculator, the tool that empowers you to optimize your tax effortlessly.
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