Bangladesh Bank has introduced a fee structure for income tax payments made through credit/debit cards, internet banking, and mobile financial services (MFS) or payment service providers (PSP).
In a directive issued yesterday, the central bank outlined fees based on transaction amounts to streamline the digital payment process for tax settlements.
For payments up to Tk 25,000, a fee of Tk 20, inclusive of value-added tax (VAT), will apply. Transactions exceeding Tk 25,000 will incur a fee of Tk 50. For payments made through MFS or PSP wallets, a maximum fee of Tk 30 and a 1 percent transaction fee will be charged.
Additionally, the Bangladesh Bank clarified that no chargeback option will be available for these tax payment transactions, making them final once processed.
This directive applies to all scheduled banks, MFS providers, PSPs, payment system operators, and international payment schemes operating in Bangladesh.
