What is a Tin certificate? Why is it essential to make a teen certificate? All the information related to how to apply for it will be discussed in this article.
What is e-tin certificate? Income Tax Registration – Income Tax – What is E TIN Certificate?
What is e-tin certificate?
The National Board of Revenue has introduced (e-tin) registration system to make the process of registration as a taxpayer faster and easier.
You can easily get a new TIN certificate online by completing a few simple steps in this method.
National identity card, mobile phone number and registration number of RJSC in case of company are required for e-tin certificate.
Once the registration is completed, the e-teen certificate will be considered usable everywhere.
Rules for renewal or verification of tin certificate
The procedure for renewing the TIN certificate is very simple. Entering your given TIN number will bring all the information provided for your TIN certificate. Then you will verify all the information.
If you get any information wrong, you can easily fix it by going to the edit option. Next you need to fill in the exact period for which you want to renew. Visit the _____ link for details about Teen Certificate Renewal Rules.
How much does tin certificate cost?
How much money does it cost to make tin certificate? Answer: Currently, anyone can generate e-teen certificate at home for free. There is no fee to be paid for this.
Do you have to pay tax if you have tin certificate?
As per the law of Bangladesh it is mandatory to pay income tax for those who have Tax Id Number. He has to file income tax return.
Failure to do so also provides for fines. However, filing of income tax return is not the only income tax to be paid. If one’s income is not taxable, then there is no need to pay tax, only by filing returns.
Rules for issuance of tin certificate
E-tin certificate check, download, application, amendment cancellation rules in our “What is tin certificate? Why is it important to make tin certificate?” Discussed in detail in the article. Many people want to apply for this teen certificate every day.
Income tax registration or tin certificate is often required in many cases. Income tax registration certificate or TIN certificate is required to pay taxes, especially to take loans from banks or various government financial benefits.
You can get e-teen certificate online in few minutes without any fee.
A person can generate tin certificate only once. No way you can register or file duplicate income tax.
Once the teen certificate is done, you can download the teen certificate by logging into the income tax registration site.
However, suppose the downloaded e-teen certificate is lost or destroyed. In that case, you can download the teen certificate again by logging in with the user ID and password from the income tax registration website. So save the user ID and password carefully.
What is tin certificate? Why is it important to make tin certificate? What is the use of tin certificate?
- If you want to start a business.
- To create a trade license for a business.
- Be a member of a trade association or any registered organization of traders.
- To buy shares of a company.
- To import or export goods from abroad.
- To give cars to different ride sharing companies.
- If you want to register your company.
- If you want to do freelancing.
- If you want to be a candidate in any election.
- If you want to get a credit card from a bank.
- If seeking tender from Government, Semi-Government or Autonomous Institutions.
- If you want to buy any land or flat within the city corporation.
- For registration or change of ownership and fitness license of car, jeep or microbus.
- For taking loan or approving loan from commercial bank or leasing company of any person.
How to download TIN Certificate – TIN Certificate Download
If you want to download teen certificate then you can download it very easily.
What’s your first teen certificate? In the first part of the article, you have to visit the website https://secure.incometax.gov.bd/ and after opening the website you have to fill a form with all the information for Teen Certificate.
After submitting all the information you can download the certificate in pdf format.