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BB reduces charges for online income tax payments


By BSS
Published : 14 Nov 2024 09:59 PM | Updated : 14 Nov 2024 09:59 PM

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 interet 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 on Wednesday.

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.