Dhaka, June 11 -- The BNP government has announced a "progressive" tax structure for the next five years in its budget for the upcoming fiscal year, but has maintained the tax-free income limit set by the interim government.

As a result, an individual will not have to pay any income tax for any income of Tk 375,000 earned between July 2025 to June 2026.

Income tax will have to be paid at a rate of 10 percent for the next Tk 300,000. This means the tax burden remains on people with limited incomes amid the ongoing inflationary pressures.

A taxpayer will have to file a return on this income in the 2026-27 fiscal year; which is called the tax year in income tax law.

Proposing a "progressive tax structure" for individual taxpayers for the...