BSS
  13 Nov 2024, 19:24

BB reduces charges for online income tax payments 

DHAKA, Nov 13, 2024 (BSS) - Bangladesh Bank (BB) has reduced the charges for 
income tax payments through mobile financial services, debit and credit cards 
and internet banking.

"Taka 20 can be charged to a customer for payment of less than Taka 25,000 as 
income tax using cards and internet banking. The charge will be Taka 50 if 
the amount of income tax is higher than Taka 25,000," said a BB circular 
issued here today.

A customer can be charged a fee of one per cent per transaction or a maximum 
of Taka 30 (including VAT) while paying income tax through mobile financial 
services (MFS) or payment service provider (PSP) wallets.

The online return filing system was launched by the National Board of Revenue 
(NBR) for e-return taxpayers from September 9. Taxpayers are paying income 
tax through internet banking, debit and credit cards and mobile financial 
services (MFS) and payment service provider (PSP) wallets.

The taxpayers were paying 1.6 per cent of their income tax as the charge for 
online payment before the issuance of the notification.