Land-related service fees can be paid through Nagad
BI Report || BusinessInsider
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Mobile financial services provider Nagad customers can now pay land-related fees through the platform.
All forms of service fees, including land development fees (LD tax), E-mutation, and E-Records of right fees, can now be conveniently paid online, sitting at home using Nagad, said a press release.
This service is available to customers both online and through the ‘Nagad’ app.
Beneficiaries of the online bill payment service will get a receipt after successfully acquiring the service.
The payment received via Nagad will be transmitted to the government treasury promptly through e-challan.
This procedure is done through the settlement bank, using the Ministry of Land’s designated bank account.
However, customers who pay land fees online will automatically be listed in favour of their property. This method is similar to electricity, water, or gas bill payment through a mobile wallet.
Furthermore, online land fees payment is far more transparent, eliminating the temptation to claim the property as one’s own by meddling with the bill payment via another person.
This service is anticipated to reduce corruption in this sector.
“This enables customers to pay taxes in a matter of seconds. Besides, the taxpayer is no longer required to physically visit the land office for this purpose,” said Sheikh Aminur Rahman, chief marketing officer (CMO) of Nagad, in this regard.