INCOME TAX MANUAL

This reference book has been published in English to meet the pressing need for an accessible English version of the Income Tax Act, 2023. Practitioners, auditors, consultants, and other stakeholders—including foreign companies and investors—often face challenges in interpreting statutory clauses that are complex and subject to frequent amendment. Our objective in preparing this edition is to provide a reliable reference that balances technical precision with practical application, while ensuring the text remains reader-friendly.

This book is based on the Authentic English Text of the original Bangla Text, officially issued through S.R.O No-404-Law/2025, dated 08 October 2025, and updated with the relevant provisions of the Finance Act, 2024.

This reference book incorporates all amendments, including the Finance Ordinance 2025, and reflects updates as of August 2025.

To enhance usability, we have included a dedicated part titled “Tax Rates at a Glance”, which highlights the key rates and important provisions of the Income Tax Act, 2023 with Finance Ordinance 2025. We remain committed to addressing any inadvertent omissions or errors that may arise, and will ensure consistency in resolving such issues in future updates.

Although every effort has been made to ensure accuracy, some unintentional printing errors or omissions may remain. With your continued support, we are committed to publishing subsequent editions with all corrections incorporated, thereby enhancing the reliability of this book.