Banks deduct excise duty from customers’ account in Dec

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Business Desk :
As per the government’s directive, banks have deducted excise duty from customers’ accounts whose minimum balance reached Tk 0.10 million within 2021.
If the balance of customers’ bank accounts reached Tk 0.10 million within the year, banks would cut the minimum excise duty of Tk 150.
According to the instruction, the banks have been deducting the excise duty from the calendar year (January-December), on behalf of the National Board of Revenue (NBR).
It is then deposited in the government treasury. This year too it has been done. After deducting the duty, they deposited it in the government treasury.

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