Is there tax on winnings in Bangladesh and who pays it?
In Bangladesh, yes, gambling winnings are taxable in principle, but online casino and betting are not clearly regulated. That means:
- Legally, any income should be declared, including money won on Pin up or any other casino.
- If you withdraw large amounts to your bank / card / bKash, the tax authority may ask for the source of funds.
- For now, there is no special fixed tax rate only for casino winnings; it usually falls under normal income tax rules.
What you should do:
- Keep records of your deposits and withdrawals from Pin up.
- If your yearly profit becomes big, talk to a local tax consultant or lawyer.
- Remember, tax rules change, so always check updated NBR (National Board of Revenue) information.
Tip: Withdraw in reasonable amounts and use the same payment details that match your verified account.