The National Board of Revenue is going to introduce an automated challan system for income-tax payers early August to make the tax payment process smooth, prevent tax evasion through fake challan and get real-time revenue collection data.
The system, known as a-challan, will be introduced at salaried circles of income tax zone-4 in Dhaka on a pilot basis and all income tax zones in Dhaka region will come under the automated system.
The Finance Division is providing technical assistance including system development to the revenue board.
Finance ministry officials said that taxpayers would be able to prepare their treasury challan online to pay income tax and deposit tax money in the bank counter with printed copy of the challan, officials said.
Banks will generate automated treasury challan with barcode as receipt copy after receiving the tax, they said.
Taxpayers will be able to check whether his or her tax was deposited in the government exchequer by reading the barcode.
Finance ministry officials said that there would also be a provision of online payment along with a-challan.
Taxpayers will have to have online banking facility and a-challan system will work as payment gateway, they said.
The revenue board has plans to make the system mandatory for individual taxpayers from the next fiscal year 2021-2022, NBR chairman Abu Hena Md Rahmatul Muneem recently said.
Currently, income-tax payers can pay their tax online using NBR-Sonali Bank e-payment system.
A senior tax official said that the tax authorities would be benefited most from the system as field-level tax offices would be able to know instantly the tax amount deposited against the office.
It would reduce the tax collection amount gap between the NBR and the office of the Controller General of Accounts, he said.
Currently, taxpayers deposit their tax by visiting a branch of bank and filling in the treasury challan manually.
Taxpayers submit a part of the challan to the tax office.
Then the bank forwards the treasury challan to the Bangladesh Bank and the central bank forwarded the copy of the challan to the CGA office for accounting purpose.
On the other hand, the tax office also follows the same procedure if the taxpayer submits cheque or pay order to the tax office.
The process often creates difference in amount of tax collection between the tax office and the CGA as the tax offices register the tax collection after receiving the challan while the CGA gets the notification few days later, finance ministry officials said.
They said that there would be no dependency on the CGA for confirmation of tax deposit once the taxpayers accepted the new system.
The planned system would provide real-time data on tax collection, they added.
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