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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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BSEC chairman Shibli Rubayat resigns

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Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat-Ul Islam resigned today.

He sent his resignation letter to the official concerned at the finance ministry.

He stepped down citing health reasons, said Abdur Rahman, secretary of the Financial Institutions Division of the Ministry of Finance, confirming receipt of the letter.

The development came five days after Sheikh Hasina’s government fell and she fled Bangladesh in the face of a civil uprising.

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Islam has remained absent from work for the past several days.

Islam, a Dhaka University teacher, was appointed as chairman of the BSEC in 2020. Last May, he was reappointed for another four-year tenure.

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Progressive Life Insurance Company organizes 199th Board Meeting

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The 199th board meeting of Progressive life Insurance Company Limited (PLICL) was held in the organization’s corporate office in the capital’s National Scout Bhaban on Wednesday 10 July 2024. It was presided over by PLICL Acting Chairman M. Shoeb Chowdhury.

The meeting was also attended by Directors viz Bajloor Rashid, MBE, Zakariya Ahad,Mezanur Rahman,DR. Md. Jamil Sharif, Phd, FCMA,DR. Tazrina Farah,Babel Miah,Kamal Miah, M A Karim,Gulam Mostafa Ahmed. Managing Director and Chief Executive Officer Md. Saidul Amin, Additional Managing Director Md. Mizanur Rahman Shipon, Senior Executive Vice President & Company Secretary Abdullah Al Mansur.

The participants in the meeting talked about pending claim settlements, business development plans and laid emphasis on complying with regulatory norms, laws and principals.

The officials of Progressive life Insurance Company Limited greeted the newly appointed Acting Chairman M. Shoeb Chowdhury with flowers at the beginning of the meeting.

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Anwar Group of Industries Organized ‘Induction of Leadership’ program

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Anwar Group of Industries, a leading Bangladeshi conglomerate, celebrated a momentous occasion with the formal induction of its new leadership team.

In a ceremony held at the Dhaka Chamber of Commerce and Industry (DCCI), Mr. Manwar Hossain, Chairman of Anwar Group of Industries, officially announced Mr. Hossain Mehmood as Vice Chairman and Mr. Hossain Khaled as the Group Managing Director of Anwar Group of Industries. Additionally, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood were sworn in as Deputy Managing Director of Anwar Group of Industries.

The “Induction of Leadership” ceremony on March 3, 2024, marked a memorable and new chapter for Anwar Group of Industries. At the ceremony, Mr. Manwar Hossain, Chairman of Anwar Group of Industries, presented the group’s brooches to Mr. Hossain Mehmood, Mr. Hossain Khaled, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood. The ceremony was also attended by members of the Anwar family, stakeholders, and employees.

Committed to empowering its employees and creating a shared vision for the future, Chairman of Anwar Group of Industries, Mr. Manwar Hossain announced a groundbreaking move, all future employees will be made shareholders. This bold initiative underscores the group’s belief in the value of its employees and its commitment to building a sustainable and inclusive future.

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