Bangladesh, June 4 -- The government has drawn up a long-term plan to gradually raise the tax-free income threshold for individual taxpayers over the coming years, while also considering changes to the personal income tax structure.

According to the National Board of Revenue (NBR), the tax-exempt income ceiling is projected to increase to Tk4 lakh in fiscal years 2028-29 and 2029-30 before rising further to Tk4.5 lakh in FY2030-31.

Despite calls from business groups during the interim administration to increase the threshold in the current FY2025-26, the government kept the tax-free limit unchanged at Tk3.5 lakh. However, it has already decided to raise the threshold to Tk3.75 lakh in FY2026-27.

At the same time, policymakers are revi...