Sections of (Financial ACT-2020-2021)

LIST OF IMPORTANT SECTION OF (Financial ACT-2020-2021)

 01.52D (Sanchoypatra  Interest)

02.52U(Payment against  purchase by Local LC )

03.53BB(Garments accessories)

04.53BBBB(Export of any goods
except the goods
mentioned in section
53BB)=0.50%

05.53EE(Foreign buyer agent commission)

06.53F(Interest on fixed deposits)

07.50 (Payment for employee salary)

08.50A(Discount against BB bill amount)

09.51(Interest on securities)

10.52(A)(copyright ,trade marks,Patten,trade name,

11.52AA(fee against professional service)

12.52AAA ( C & F commission )=10%

13.52DD(WPF)=5%

14.52F (Bricks manufacture)(45000(1sec)+70000(1.50se)+90000(2sec)+150000(Auto bricks)

15.52I (LC COMMISSION)=5%

16.52JJ(Travel agent)

17. 52K (Trade license against city corporation)

18.52M(Fried forward agency commission)=15%

19.52N(Rental power payment)=6%

20.52P(conference center)=5%

21.52Q(service provider to foreign person)=10%

22.52T(interest payment  of life insurance premium)=5%

23.52V(Fees against mobile operator)

24.53 & RULES 17A(Product import)

25.53A(House rent)=5% gross rent

26.53C & RULES 17D (Nilum sales againt product or property)

27. 53CCC(corier service)=15%

28.53D (Fees for actor)=10%

29.53DDD(Cash subsidy against export)=10%

30.53E(Commission,discount,fees)=10%

31.53EE(remuneration payment)

33.53FF(real estate /land development business)

34.53G(Bima commission)

35.53GG(fees for general insurance company)

36.53H(property transfer/sales)

37.53HH(Property lease)

38.53I(Interest on dakgor saving)=10%

39.53J(Rental payment against free land,machinery)=5%

40.53K(Air time advertisement,TV channel))=4%

41.53M (share transfer against listed company)=5%

 42.53P (payment to land owner by land developer)=15%

43.54 (profit /Dividend)=20/10/15%

44.55 (income from lottery)=20%

45.56 (Consultancy fee,professional service)













 

 


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