E-Tin Certificate: What is it?
An electronic tax identification number is denoted by an e TIN certificate. In Bangladesh, SMS fees are determined by your annual salary. The government sets a range of income each year, and anyone who earns more than that amount is required to pay income tax.
The old Tin Certificate has been replaced with an E-Tin Certificate as part of the overall effort to digital everything. Everyone needs to get the required e-tin certificate. Why then is it late? Find out when and how to obtain this certificate. Obtain an online e-tin certificate painlessly.
Making an online income tax payment is now quite simple. You ought to need to register online for it.
The Tax Identification Number (TIN): What is it?
In the taxation domain, the Tax Identification Number (TIN) and its electronic equivalent, the Electronic Tax Identification Number (e-TIN), function as distinct identifiers. The National Board of Revenue (NBR) is the only organization authorized to grant TIN in Bangladesh. In order to obtain a TIN, potential candidates have the choice of applying manually or electronically through the National Board of Revenue (NBR).
For any government, taxes are the main source of funding. The Electronic Tax Identification Number (E-TIN) was implemented to maximize the efficacy and efficiency of the tax collection process, in keeping with the present government's goal of digitizing the country. For people and businesses doing business in Bangladesh, the Taxpayer's Identification Number (TIN) Certificate is crucial in this regard.
The Income Tax Ordinance of 1984 states that under Section 124A, the Deputy Commissioner of Taxes (DCT) may impose penalties of up to BDT 20,000 on anyone who, without a valid justification, uses another person's TIN or uses a counterfeit TIN while filing income returns.
Penalties of up to BDT 50,000 may be imposed under Section 124AA on those who, without a valid reason, neglect to confirm the legitimacy of a twelve-digit Tax Identification Number (TIN). The Deputy Commissioner of Taxes (DCT) or any other income tax authority lawfully authorized by the Board for this particular purpose is responsible for enforcing fines.
Why is an e-tin certificate required?
In Bangladesh, there are numerous reasons why an e-tin certificate is required. Demonstrating that you are paying income tax correctly is one of the primary goals. For this reason, you need to have a legitimate e-tin certificate. If you obtained your te tin certificate from tax authority officials, you must present a copy of it. Giving details about your monthly or yearly revenue will help ensure that you are properly fined and that there are no future problems with accountability and transparency.
- Business
- Bank account
- Saving paper
- DPS
- To buy a vehicle
- Others necessary
Which documents are required to be gathered?
When filling out the application, you will need the following records or information:
The assessee's passport-sized photo (or a soft copy if you apply online)
The TIN and name of the:
- Company (if it's a sole proprietorship)
- Partners (if a firm is involved)
- Sponsor Directors (if a business)
- Registration number or incorporation number, if relevant
- Date of incorporation or registration, if relevant
- The current address's postcode
- Permanent address postcode
- Number on the national ID or passport
What details are going to be in your TIN?
The following details will be included on your TIN certificate:
TIN Name
- Name of the father (if applicable)
- Mother's Name (for the particular person)
- Current address
- Name of the company or job (if applicable) Permanent address
- Address of the company's registered office (and others)
- Prior (10 digits) TIN, if any
- Situation
How to obtain a certificate of TIN
In this guidance, we'll go over how to obtain a Bangladeshi TIN Certificate and what paperwork is needed.
Taxation is the main source of funding for any government. Thus, a Tax Identification Number, or TIN, is issued by the government. An individual or corporation receives a TIN in order to track their tax payments. The National Board of Revenue is the only organization in Bangladesh with the ability to grant a TIN Certificate to a candidate (NBR). A TIN Certificate can be obtained in Bangladesh by submitting an application to the NBR, which can be produced digitally or manually. The Taxpayer's Identification Number (TIN) can be obtained by anyone by registering or reregistering on the NBR website.
The technology will enable you to register for an online account without visiting the Circle office if you do not already have one in order to log in. Please ensure you have the following details on hand before registering for an online account.
- Your 12-digit TIN, National ID number, or passport number, if you are an individual or other business taxpayer.
- Your 12-digit TIN and incorporation number, if you are a corporate taxpayer.
- Phone number (taxpayer can update, auto load)
- Active email address (taxpayer can modify and auto load)
- Documents that must be supplied as attachments when creating an online account (the total size of all uploaded files cannot exceed 1 MB):
1. Scan the TIN Certificate version.
2. Scan the passport, incorporation certificate, or national identification card.
3. A scan of the completed Online Account Registration Application.
4. A recent passport-sized photo (if you are a taxpayer who is an individual or who works for another corporation).
Please CLICK HERE to download a soft copy of the application for online account registration.
Click this link to create an account for the online income tax filing system.
First Step
Prior to completing the registration process, you must click the Registrar button and enter your User ID, Password, Security Question, Email Address, and Mobile Number. You will receive a message on your mobile device right away.
Step Two
Click the Activate button after entering the code that you found on the e-tin activation page. Next, select this area to register a new TIN or re-register by clicking this link. By selecting Next, you may access all the pertinent information in this section.
Choose the appropriate option under the taxpayer type section: person, expat, or company. Those without a TIN certificate will click the New Registration button; those with re-registration options will select it.
Next, proceed to the next page by entering the previous tin number. The taxpayer must now fill out all the income-related fields, including source, occupation, and location, before moving on to the following page. The e-tin will then be prepared.
once all personal data, including name, address, national ID number, VAT registration number (where applicable), and all pertinent issues, have been verified. It's interesting to note that the national ID number and all the other data, including the photo, are automatically validated. The certificate is ready and may be printed right away. Alternatively, you might print it off later or save it as a PDF.
Now, obtain your TIN certificate verification number (BDN) or E-TIN certificate from this link.
Registration of e-tin certificates
Watch this video if you're searching for a simple method to obtain your e-tin certificate online in Bangladesh! It describes how to obtain your e-tin certificate in BD online, step-by-step. After that, all you need to do to guarantee a seamless and fruitful gathering operation is closely adhere to the directions. In just five minutes, let's begin watching the movie and getting your e-tin number. I appreciate you reading!
