The National Board of Revenue (NBR) has clarified that the rate of tax at source on profits earned from investments up to Tk5 lakh in savings certificates is 5%. At the same time, it has been informed that no tax at source will be applicable on profits from pensioner savings certificates up to Tk5 lakh, as before. For a long time, savings certificate investors have been complaining that in many cases, tax at source is being deducted at 10% even on interest on investments up to Tk5 lakh. Currently, there are four types of savings certificates in operation under the National Savings Department—Family Savings Certificate, Pensioner Savings Certificate, Five-Year Bangladesh Savings Certificate, and Quarterly Profit-Based Savings Certificate. Of these, Family Savings Certificate is reserved only for women, while the remaining three types of savings certificates can be invested in by individuals and various institutions.

Source: Dhaka Tribune February 04, 2026 07:25 UTC