Politics
Dhaka North Raises Holding Tax on Residential Households Starting This Month
The revised holding tax structure is expected to alter monthly expenses for families in Dhaka's residential wards.
How we reported this
The Dhaka North City Corporation council approved a revised holding tax assessment formula for residential properties at its June 2026 session, with the changes taking effect from the 2026-27 fiscal year.
The adjustment applies to owner-occupied homes in the corporation's 54 wards and follows updated property valuations completed last year by the local revenue department.
Household Budget Pressures in Dhaka
Many residents in areas such as Mirpur and Uttara pay holding tax as part of their annual property obligations, and the new formula changes how annual rental value is calculated for homes under 2,000 square feet. Policy analysts say the revision shifts the tax burden calculation for smaller plots while leaving commercial and larger residential holdings under separate rates.
Local advocates note that households in these wards often combine holding tax payments with utility and transport costs, so any change in the tax amount directly affects the portion of monthly income left after fixed expenses. The legislation states that qualifying properties must submit updated ownership documents by September 2026 to receive the recalculated bill.
Implementation Timeline and Next Steps
The 2025-26 budget paper from the corporation projects collection targets based on the revised rates, with revenue officers assigned to each ward to process applications. Residents can expect the first adjusted notices to arrive in October 2026, after which payment can be made in two installments through the corporation's online portal or designated bank branches.
Further guidance on required documents and ward-level contact points will be published on the corporation website by the end of July 2026, according to the council resolution.