DNCC’s holding tax and trade license fees can be paid through Nagad

'Nagad’, the country’s one of the leading mobile financial services, and Dhaka North City Corporation (DNCC) have signed a Memorandum of Understanding (MoU). The agreement will allow city dwellers to make payments for Dhaka North City Corporation (DNCC) holding tax, new license-related fees from anywhere through ‘Nagad’, according to a press release.

The MoU between Nagad Limited and DNCC was signed at a programnme held at the conference hall of Nagar Bhaban on Sunday. Atiqul Islam, Mayor of Dhaka North City Corporation, presided over the event.

Mohammad Abdul Hamid Mia, Chief Revenue Officer, Dhaka North City Corporation, and Rahel Ahmed, Chief Executive Officer (CEO) of ‘Nagad Limited’, signed the agreement on behalf of the respective organizations.

Also present on the occasion were Md Saidur Rahman Dipu, Head of Business Sales, Nagad, Sqn Ldr Asma Alamgir (retd), Head of Key Stakeholder Management, Nagad A. B. M. Mannaf Parag Head of Strategic Sales, Nagad, Mohammad Selim Reza, Chief Executive Officer of DNCC, Chief Engineer Brigadier General Muhammad Amirul Islam, PSC, Chief Waste Management Officer Commodore SM Sharif ul Islam, (N), NPP, PCGM, PCGMS, PSC, BN along with other top officials from DNCC and Nagad Ltd. 

City dwellers will be able to pay DNCC holding tax, trade licenses and license renewal fees through the postal department’s Nagad from April 1, 2022, which will ease their long-term sufferings.

Besides, according to the new regulation of DNCC, holding tax cannot be paid by direct payment from April 1st, 2022. In that case, customers will be able to pay the holding tax fee only through online payment.

Additionally, customers will be able to make payments for new trade licenses and pay renewal fees online through Nagad. This facility can be availed while paying fees online through the Dhaka North City Corporation's website. After completing the relevant forms from DNCC’s website, customers can conveniently pay the fees using the bill pay option on the 'Nagad' app or by dialing USSD (* 167 #). Moreover, DNCC website also has a payment acceptance option through Nagad.

Atiqul Islam, Mayor of Dhaka North City Corporation (DNCC), said, “Many wanted to be a part of this digital process of revenue collection by our city corporations but we gave preference to Nagad Limited since the Hon'ble Prime Minister has an ordinance on the usage of Nagad."

He further said, "Today, we have introduced holding tax and license payment online, and in the future, all transactions will be covered by this programme. Furthermore, we want the City Corporation's activities to extend through Nagad.”

While welcoming the MoU, the Mayor urged Nagad customers to use this service.

In this regard, Rahel Ahmed, Chief Executive Officer of Nagad, said, "We are glad to have entered into this agreement with the DNCC to alleviate the payment-related complications of our customers." Nagad is constantly striving to make consumers' lives simpler. We are dedicated to working hand in hand in such Digitization Project as a trusted partner of the government's Digital Bangladesh vision."

The agreement is anticipated to reduce the complications related to trade license, license renewal, and holding tax payments, while also saving customers valuable time of the customers. The is also part of the Bangladesh government’s project titled "Strengthen Dhaka North City Corporation's revenue automation system" in order to digitise all DNCC activities. This is another significant step forward for DNCC and ‘Nagad Limited’ in achieving the government of Bangladesh's 'Digital Bangladesh' vision.