16B. Charge of additional tax.-

¹[²16B. Charge of additional tax.-
Notwithstanding anything contained in any other provision of this Ordinance, where any person employs or allows, without prior approval of the 3[ appropriate authority of the Government ], any individual not being a Bangladeshi citizen to work at his business or profession at any time during the income year, such person shall be charged additional tax at the rate of fifty percent (50%)of the tax payable on his income or taka five lakh, whichever is higher in addition to tax payable under this Ordinance.

1 Ins. Sec. 16B and 16C by F.A. 2002 Subsequently subs. sec 16B by F.A. 2015

2 Subs. for F.A. 2016 [Subs. Section 16B and Ins. Section 16BB & 16BBB]

3 Subs. for "Board of investment or any competent authority of the government, as the case may be " by F.A. 2018

About Author

Golden Bangladesh

Golden Bangladesh is a point of access to information.We present information from diverse sources in a unified way. It is the leading web portal, e-Directory and business guide in Bangladesh.