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Online income tax payments charges reduced


Online income tax payments charges reduced

Bangladesh Bank has reduced the charges for income tax payments through mobile financial services, debit and credit cards and internet banking. Tk 20 can be charged to a customer for payment of less than Tk 25,000 as income tax using cards and internet banking. The charge will be Tk 50 if the amount of income tax is higher than Tk 25,000, said a central bank circular issued on Wenesday (Nov 13).

A customer can be charged a fee of one per cent per transaction or a maximum of Tk 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 Sep 9. Taxpayers are paying income tax through internet banking, debit and credit cards and MFS and 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.

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