However, the rates in the corresponding slabs will be higher.

Mohammad Firoz works at a garment accessories manufacturing company and earns Tk 29,000 per month.  

The government is likely to keep the tax-free income limit unchanged for fiscal year 2022-23 in order to expand the tax net, said officials of the finance ministry.

Finance Minister AMA Muhith proposes increasing the ceiling of tax-free income to Tk 2.50 lakh from Tk 2.20 lakh.