NBR allows large tax payments via Mobile Financial Services

The NBR chairman says the new system would simplify and speed up corporate tax payments

The National Board of Revenue (NBR) has launched a service to pay large amounts of tax through Mobile Financial Service (MFS) and receive a receipt immediately.

To make tax payment “easy, fast, and digital”, the tax collecting agency officially inaugurated the service at its office in Agargaon on Sunday.

During the event, Tk 130 million in tax at source and Tk 640 million in VAT were paid on a trial basis through MFS provider bKash Limited, the NBR said in a statement.

NBR Chairman Md Abdur Rahman Khan said, “With the introduction of large-scale tax payments through MFS, paying taxes will be faster and easier for corporate taxpayers.

“This will play an important role in making the tax collection system modern and timely.”

He said many corporate organisations currently pay employee salaries through MFS, and the new system would allow them to pay various taxes, including tax at source and VAT, on the same platform.

He also hopes that other MFS providers will introduce the facility in the future.

Under the new service, tax at source is paid through the NBR’s e-TDS system, while VAT is paid via the Finance Department’s A-Challan system.