NBR teams up with Sonali Bank for online tax return

Posted by BankInfo on Thu, May 17 2012 07:44 am

National Board of Revenue (NBR) teamed up with Sonali Bank Ltd and IT Consultants Ltd to facilitate its new initiative on e-payment of taxes and duties, which is scheduled to begin on May 26. In this regard, a tripartite agreement has been signed between NBR, Sonali Bank and IT Consultants at Ruposhi Bangla Hotel in the city on Wednesday.

Dr Nasiruddin Ahmed, chairman of NBR, Md Humayun Kabir, managing director (MD) and chief executive officer (CEO) of Sonali Bank Ltd, and Dr Kazi Saifuddin Munir, MD and CEO of IT Consultants, inked the deal on behalf of their respective organisations.NBR initiated the new initiative of online payment of NBR taxes and duties, which would be a milestone to achieve the goals of Digital Bangladesh, the chief tax administrator said.

The main objective is to ensure that the tax payers get improved services from NBR, Nasiruddin said.This initiative will ensure transparency, reduce the cost and time of tax payers and increase the revenue collection as the tax payers can pay their taxes and duties hassle-free, he added.The registered users of NBR can make payment through different accounts or cards (credit, debit and prepaid cards) of Q-cash member Banks at the online payment gateway from anywhere in the country that shall be settled by Sonali and connected to the host of Q-cash.Sonali Bank will act as settlement Bank for NBR transactions and also provide inter-Bank settlement services.

Non Q-cash member banks may also take the online payment facility by connecting to Q-cash online payment gateway and settle through Sonali Bank.NBR will be allowed to access the online payment gateway facility of Q-cash 24/7 for its clients.The NBR front end portal will have access to authentic TIN/BIN and related tax payer’s information which will have access to forward information for proper online payment and settlement.

The Independent/ Bangladesh/ 17th May 2012

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