Sanchayapatra customers to get tax certificates online | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
The Business Standard

Thursday
September 21, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
THURSDAY, SEPTEMBER 21, 2023
Sanchayapatra customers to get tax certificates online

Bangladesh

Abul Kashem
09 September, 2020, 10:55 pm
Last modified: 10 September, 2020, 12:58 pm

Related News

  • Contractors' to get bill online from now
  • 6 members of online forgery gang arrested in Dhaka
  • Bida introduces four more services
  • Desire organises 'Eid Fiesta Online'
  • Biman launches service for changing travel date online

Sanchayapatra customers to get tax certificates online

The certificate will be sent to the e-mail address used in the customer form at the time of purchasing the sanchayapatra

Abul Kashem
09 September, 2020, 10:55 pm
Last modified: 10 September, 2020, 12:58 pm
Sanchayapatra customers to get tax certificates online

The Bangladesh Bank has developed a software to automate the sending of sanchayapatras (savings instrument) customers' tax certificates to their email addresses. 

At the time of filing the income tax return, a sanchayapatra customer will no longer have to go to the bank or the national savings directorate in person to get his tax certificate. 

The tax certificate will be sent to the e-mail address used in the customer form at the time of purchasing the sanchayapatra. To this end, the Information Systems Development and Support Department of the Bangladesh Bank has developed a software named BB SanchayapatraPortal. 

Sanchayapatra investors are required to submit a copy of their tax certificates along with the income tax returns every year. The central bank, the savings directorate and the banks involved in the sale of sanchayapatra issue the certificates to the customers, stating that the source tax has been deducted from the interest on the money invested in the sanchayapatra. Customers have to apply every year to get it.

The Financial Institutions Division (FID) has instructed the Bangladesh Bank to issue tax certificates online to alleviate the suffering of sanchayapatra buyers. The central bank developed this software in response to that. 

The Bangladesh Bank informed the FID on Wednesday that apart from sending the tax certificate to the customer's e-mail, there would be arrangements so that the customer himself can print the certificate by entering the portal.

Md Serajul Islam, executive director and spokesperson for the Bangladesh Bank, told The Business Standard the process of sending sanchayapatra customers tax certificates online was underway.   

The central bank letter said data on sanchayapatras sold until March 13 last year are stored in the Bangladesh Bank software. It will be possible to email the tax certificates of owners of sanchayapatras sold until that day, it added.

Mohammad Ishaque Mia, system manager of the Information Systems Development and Support Department, wrote that the IBAS++ software of the finance ministry has been managing sanchayapatra activities since March 14 last year.  

"If the tax certificates of these sanchayapatras are to be given through the Information Systems Development and Support Department, information on their sale is required from the IBAS++ software. Integration of the Bangladesh Bank software with the IBAS++ software or the Application Programming Interface (API) will be required to exchange information," he wrote. 

Officials said the FID would write to the Finance Division to arrange API between the central bank software and the IBAS++ software.

Top News

Tax Certificates / Sanchayapatra customers / Online

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • State Minister for Foreign Affairs Md Shahriar Alam. File Photo: UNB
    EU decision to not send polls-time full team of observers won't impact next JS polls: Shahriar
  • US Embassy Spokesperson Bryan Schiller speaks with reporters on Thursday (21 September). Photo: UNB
    US delegation to arrive in Dhaka on 7 October for pre-election assessment
  • Photo: UNB
    EU decision not to send observers proves country has no atmosphere for fair election: Mirza Fakhrul

MOST VIEWED

  • State Minister for Foreign Affairs Md Shahriar Alam. File Photo: UNB
    EU decision to not send polls-time full team of observers won't impact next JS polls: Shahriar
  • Digital Quality of Life Index 2023: Bangladesh’s mobile internet 73% slower than India
    Digital Quality of Life Index 2023: Bangladesh’s mobile internet 73% slower than India
  • Photo: UNB
    EU decision not to send observers proves country has no atmosphere for fair election: Mirza Fakhrul
  • Photo: Courtesy
    Improved healthcare infrastructure in remote areas of Bangladesh: A vital discussion at UNOPS SDG Café
  • BNP leader Amir Khasru Mahmud Chowdhury speaks to media while passing through Brahmanbaria durinng BNP's Sylhet-bound road march on 21 September 2023. Photo: TBS
    EU not sending observers means election not possible without neutral govt: Khosru
  • US Embassy Spokesperson Bryan Schiller speaks with reporters on Thursday (21 September). Photo: UNB
    US delegation to arrive in Dhaka on 7 October for pre-election assessment

Related News

  • Contractors' to get bill online from now
  • 6 members of online forgery gang arrested in Dhaka
  • Bida introduces four more services
  • Desire organises 'Eid Fiesta Online'
  • Biman launches service for changing travel date online

Features

Mountain gorillas are vulnerable species, only found in the willderness. Photo: Muntasir Akash

Against all odds: My encounters with mountain gorillas in Rwanda

4h | Earth
Photo: Saqlain Rizve

The quiet afterglow of Dhaka's overhead water tanks

9h | Panorama
Photo: Shovy Zibran

Maachh-bhaat for the soul: How Mariam nourishes hearts on the streets of Dhaka

1d | Panorama
Team Bored Tunnelers is a cross-institutional team consisting of six board members: (from let to right) Talha Zubair, Shaekh Mohammad Shithil, Fahin Uddin, Imran Khan, Shahriar Iqbal Mahim and Sibly Noman. Photo: Courtesy

Meet the Bangladesh team in Elon Musk's Not-a-Boring Competition finals

1d | Pursuit

More Videos from TBS

The need for a circular economy in Bangladesh

The need for a circular economy in Bangladesh

26m | TBS Face to Face
Bank deposits increased by Tk 74,000 crore in April-June

Bank deposits increased by Tk 74,000 crore in April-June

4h | TBS Economy
Truefitt & Hill Bangladesh: From Buckingham Palace to Gulshan

Truefitt & Hill Bangladesh: From Buckingham Palace to Gulshan

5h | TBS Stories
Iran's disabled painter Fatemeh finally meets Cristiano Ronaldo

Iran's disabled painter Fatemeh finally meets Cristiano Ronaldo

6h | TBS SPORTS
EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]