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52AA. Deduction from the payment of certain services.-
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1[52AA. Deduction from the payment of certain services.-
[(1)Where any payment is to be made by a specified person to a resident on account of a service as mentioned in this section, the person responsible for making the payment shall, at the time of making such payment, deduct income tax at the rate specified in the Table below:-
Table
|
SL. No |
Description of service and payment |
Rate of deduction of tax |
|
|---|---|---|---|
|
Where base amount does not exceed Tk. 25 lakh |
Where base amount exceeds Tk. 25 lakh |
||
|
1 |
Advisory or consultancy service |
10% |
12% |
|
2 |
Professional service , technical services fee, or technical assistance fee |
10% |
12% |
|
3 |
(i) Catering service; (ii) Cleaning service; (iii) Collection and recovery service; (iv) Private security service; (v) Manpower supply service; (vi) Creative media service; (vii) Public relations service; (viii) Event management service; (ix) Training, workshop, etc. organization and management service; (x) [courier Service; (xi) Packing & Shifting Service (xii) any other service of similar nature] (a) on commission or fee (b) on gross bill amount |
10% 1.5% |
12% 2% |
|
4 |
Media buying agency service a) on commission or fee (b) on gross bill amount |
10% 0.5% |
12% 0.65% |
|
5 |
Indenting commission
|
6% |
8% |
|
6 |
Meeting fees, training fees or honorarium.
|
10% |
12% |
|
7 |
Mobile network operator, technical support service provider or service delivery agents engaged in mobile banking operations
|
10% |
12% |
|
8 |
Credit rating service |
10% |
12% |
|
9 |
Motor garage or workshop |
6% |
8% |
|
10 |
Private container port or dockyard service |
6% |
8% |
|
11 |
Shipping agency commission |
6% |
8% |
|
2[12 |
Stevedoring/berth operationa. on commission or fee b. on gross bill amount |
10% 1.5% |
12% 2%] |
|
3[13 |
(i) Transport service, carrying service, vehicle rental service; (ii) Any other service under any sharing economy platform including ride sharing service, coworking space providing service and accommodation providing service.; |
3% |
4% |
| 13A | Wheeling charge for electricity transmission | 2% | 3% |
|
14 |
Any other service which is not mentioned in Chapter VII of this Ordinance and is not a service provided by any bank, insurance or financial institutions |
10% |
12% |
Provided that if the amount for services mentioned in SL No. 3 and 4 of the Table shows both commission or fee and gross bill amount tax shall be the higher amount between (i) and (ii) where-
- tax calculated on commission or fee applying the relevant rate in the table; and
- B x C x D, where
B = Gross bill amount
C = 10% for Sl. 3 and 2.5% for Sl. 4, and
D = rate of tax applicable on commission or fee:
Provided further that the rate of tax shall be fifty percent (50%) higher if the payee does not have a twelve-digit Taxpayer’s Identification Number at the time of making the payment:
Provided further that where the Board, on an application made in this behalf, gives certificate in writing that the person rendering such service is otherwise exempted from tax under any provision of this Ordinance, the payment referred to in this section shall be made without any deduction or with deduction at a lesser rate for thatincome year.
............................................................................................................
1 Subs. by F. A. 2017
2 Subs. by F. A. 2021
3 Subs. by F. A. 2020
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