TDS Rate 2024-2025 for Payment of Services

Tax Deducted at Source (TDS) is a key component of Bangladesh’s tax collection system. It ensures that tax is collected right at the source of income, making it easier for the government to regulate tax evasion. If you’re a business or an individual making payments for services in Bangladesh, you’re likely to come across TDS. Every financial year Government declares a new TDS rate for services. The TDS rate 2024-2025 for the payment of services is given below based on the TDS rule 2024.

TDS Rate Chart 2024-2025 for the Payment of Services

Rate of deduction from payment of services under section 90

Sl NoService DescriptionTDS on Commission or feeTDS on Gross Bill Amount
1Advisory or consultancy service10%
2(i) Professional service; (ii) Technical services fee; (iii) Technical know-how or technical assistance fee10%
3(i) Catering service; (ii) Cleaning service; (iii) Collection and recovery agency; (iv) Private security service; (v) Manpower supply service; (vi) Creative media service; (vii) Public relations service; (viii) Event management service; (ix) Training, workshop, etc.; (x) Courier service; (xi) Packing and shifting service; (xii) Any other service of similar nature10%2%
4Media buying agency service10%0.65%
5Indenting commission8%
6Meeting fees, training fees or honorarium10%
7Mobile network operator, technical support service provider or agent of mobile banking operation12%
8Credit rating service10%
9Motor garage or workshop8%
10Private container port or dockyard service8%
11Shipping agency commission8%
12Stevedoring/berth operation commission10%5%
13(i) Transport service, vehicle rental service, carrying service and repair & maintenance service;
(ii) Any other service under any sharing economy platform including ride sharing service, coworking space providing service and accommodation providing service;
5%
14Wheeling charge for electricity transmission3%
15Internet service10%
16Agent, distributor, agency or channel partner, by any names delivering services engaged in mobile financial services10%
17Commission of frieght forward agent10%
18Gross bill including commission or gross bill except commission of freight forward agent2.5%
19Any other service which is not mentioned in above from serial 1 to 1810%

Download TDS Rate Chart 2024-2025 Payment Services PDF

You can download the TDS Rate Chart 2024-2025 Payment Services PDF file from the download link below

Final Words

The TDS rate chart in Bangladesh includes many items. For get to learn more about the updated TDS rate visit TDS rule 2024 or TDS rate in Bangladesh 2024-2025.

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