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Measures to prevent land tax evasion and land trading of dummy

SM Robin / The legalvoice24.com :

where the land development tax rate for land used for commercial purposes is Taka 300 and the land development tax rate for land used for industrial purposes is Taka 150, whereas the land development tax rate for land used for residential and other purposes is only Taka 60. On the other hand, land development tax on agricultural land is significantly lower. No land development tax is required to be paid on agricultural land up to 25 bighas. 50 paise per hundredth part agricultural land for land exceeding 25 bighas up to 10 acres in general case. Above 10 acres of agricultural land, Taka 1 per hundredth part land. The land development tax on non-agricultural and agricultural land may be more or less depending on the area and uses as prescribed in this Notification.

RJSC accords registration of public companies, private companies, foreign companies, trade organizations, societies, partnership firms, etc., and ensures lawful administration of the entities under the provisions of the applicable act.

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