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DNCC’s Holding Tax and Trade License fees can be paid through Nagad

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‘Nagad’, 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’.

The MoU between Nagad Limited and DNCC was signed today, at a program held at the conference hall of Nagar Bhaban. Atiqul Islam, Honorable 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, Mr. 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.  

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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 #). Additionally, 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 added, “Today, we have introduced holding tax and license payment online, and in the future, all transactions will be covered by this program. 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.

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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 digitize all DNCC activities. This is another significant step forward for DNCC and ‘Nagad Limited’ in achieving the Government of Bangladesh’s ‘Digital Bangladesh’ vision.

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PriyoShop Secures Top 30 Spot in Prestigious StartUp Wheel Competition

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PriyoShop has taken the Bangladesh flag to new heights by securing a Top 30 spot in Startup Wheel 2025, one of Asia’s most competitive startup competitions in Vietnam, competing against 2,144 startups from 28 countries. With this milestone, Bangladesh has established itself as a significant player in the global startup ecosystem through PriyoShop.

This achievement shows that Bangladesh is growing fast in the digital world and becoming a strong player in retail innovation. PriyoShop stood alongside top startups from countries like Taiwan, South Korea, Malaysia, Singapore, Cambodia, and Indonesia. After six months of tough evaluation, PriyoShop was chosen as one of the most promising international innovators sharing our mission, vision, and real stories about Bangladesh’s retail industry with the world.

Asikul Alam Khan, CEO of PriyoShop, expressed his enthusiasm about the recognition: “This is a significant success for the PriyoShop Team. We have impacted millions of retailers by simplifying the supply chain and empowering them with embedded credit. Through us, Bangladesh will always stand high on the global stage. This recognition provides access to create a global footprint and inspires young entrepreneurs to bring innovative ideas and create international standard startups.”

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As PriyoShop advances, the company remains committed to transforming Bangladesh’s retail landscape while inspiring the aspiring entrepreneurs across the region. The journey from local startup to consistent international recognition exemplifies the potential within Bangladesh’s growing retail sector and demonstrates how innovative solutions can have an impact both locally and globally.

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Bajloor Rashid Elected Chairman, Mezanur Rahman Elected Vice Chairman of Progressive Life Insurance

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In a recently held board meeting of Progressive Life Insurance Company Limited, a renowned listed insurance company in the country’s capital market, Bajloor Rashid MBE, was elected as Chairman and Mezanur Rahman as Vice Chairman.
The formal election took place at the 203rd board meeting of the company held on Sunday, 29 June 2025, for the term 2025-2026.

Bajloor Rashid MBE, is a distinguished and successful businessman and social worker. He is also one of the founding shareholders of Progressive Life Insurance Company Limited. In the early 1980s, he established himself as an ambitious young entrepreneur in the growing catering industry. Notably, from 2006 to 2012, he served successfully as the President of the UK-based association of catering restaurant owners.

On the other hand, the newly elected Vice Chairman, Mezanur Rahman, is an established and successful businessman. He is a founding director and former Vice Chairman of Progressive Life Insurance Company Limited. He holds a degree in Architecture from Leeds Metropolitan University, United Kingdom. He is also actively involved with various humanitarian and social organizations.

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Progressive Life Insurance successfully settles claims totaling nearly Tk 40 crore in 2024

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Progressive Life Insurance Company Limited (PLICL) settled down insurance claims of approximately 40 (forty) crore taka in 2024 which has fortified clients’ confidence on the company. Progressive Life Insurance Company Limited entered 25th year on 6 January 2025. PLICL was founded on 6 January in the year 2000. Discussion programs, slicing a cake, offering dua and a colourful rally were organized to mark the company’s founding anniversary on Monday at PLICL corporate office in the capital. 

The rally moved around different parts of Dhaka city and the officials of the company held a gathering in front of PLICL head office on Monday morning at 10:30 am. 

PLICL Chairman (Acting) M Shoeb Chowdhury joined the 25th founding anniversary celebration virtually as the chief guest. M Shoeb Chowdhury said that the top management of Progressive Life Insurance Company Limited has been able to uphold the dream cherished by expatriate Bangladeshis whose contribution led to the establishment of the company. Shoeb Chowdhury laid emphasis on working with unity and solidarity for the company’s further advancement and to generate many more success stories.

PLICL Executive Committee Chairman Mezanur Rahman , Chairman of Audit Committee Dr. Md. Jamil Sharif, PhD, FCMA and former entrepreneur Prodeep Sen also attended the program. The event was presided over by the company’s Chief Executive Officer (CEO) Md. Saidul Amin. The 25th founding anniversary of Progressive Life Insurance Company Limited was celebrated in 32 districts and divisional offices across Bangladesh. Senior officials of the insurance company expressed hope and determination to transform PLICL into a top notch institution in days to come. The speakers at the program stated that Progressive Life Insurance Company Limited appointed 1200 development officers in 2024 and training courses have been initiated to upgrade their skills.

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PLICL Deputy Managing Director (DMD) Mohammad Hossain Shaheed Suhrawardy, Senior DMD Shahjahan Azadi, Company Secretary Abdullah Al Mansur and Senior DMD Jaseem Uddin Prodhan addressed the program among other dignitaries.

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