The Bangladesh Parliament has passed the Finance Bill 2026 with several significant amendments. The changes include raising the tax-free income limit for individual taxpayers and withdrawing the proposed rule requiring disclosure of investment information. Finance Minister Amir Khasru Mahmud Chowdhury presented the bill, which was passed by voice vote under the chairmanship of Speaker Hafiz Uddin Ahmed. The amendments followed the Prime Minister’s directives during budget discussions.

Under the revised proposal, the tax-free income limit will rise to 400,000 taka for fiscal years 2026–27 and 2027–28, 450,000 taka for 2028–29 and 2029–30, and 500,000 taka for 2030–31. The government also withdrew proposals that would have made Tax Identification Numbers mandatory for most bank accounts and property registrations. The minister proposed reducing the income tax rate for private universities from 10% to 5% and expanding tax benefits for ethnic minorities.

Additional proposals include lowering import duties on raw materials, reducing VAT on digital advertising to 5%, and cutting taxes on locally produced vehicles and jewelry. These measures aim to support domestic industries, improve tax compliance, and ease public concerns.