This time the collapse of the savings paper of the post office has come down. Like other post offices, at Mohammadpur post office of the capital, several customers returned without receiving the profit money of the savings card last Monday around 1.30 pm. One of their businessmen. Anwarul Azim. He expressed his anger and said, ‘I came only for eight thousand rupees. The post office is not paying my profit.
He could not pay the money for the savings card kept in the post office, saying he did not have the money. The counter said, come next day by 10 o’clock. If you come tomorrow morning at 7 o’clock, you will see a long queue outside. Many will come to profit like you. Many customers like Anwarul Azim are not able to withdraw the profit of their savings cards from the post offices. Apart from this, the sale of saving paper from post offices has decreased drastically.
Talking to the officials of the post office, it is known that savings cards are sold in several post offices of the capital. Among them are New Market, Tejgaon, Mohammadpur, Mirpur-2, Dhaka Cantonment, Banani and Gulshan branches.
Mohammadpur post office master of the capital. Nurul Amin said, “The rate of buying savings now is low. Compared to last month, sales are now about 1 percent of 3 percent. That is, about 66 percent has decreased. As a result, there is some problem in paying the profit.
According to a directive of the Bangladesh government, if anyone wants to invest more than five lakh rupees as a savings bank and post office savings bank, they must comply with section 48 of Finance Act 2022. In this, if a person wants to buy savings paper or open a postal savings account of more than five lakh rupees, then the last year’s income tax return deposit slip should be shown. Earlier savings bonds could be purchased only by showing a tax identification number (TIN). Those who cannot show income tax filing certificate, they cannot buy savings bonds.
Nazma Akhter, Deputy Director (Bureau and Statistics) of the Directorate of National Savings said that TIN has had a negative impact on the sale of savings cards to ordinary customers. He said, ‘Now the main problem is with the income tax filing paper. Those who are government employees, upper class, business people are bound to file income tax return. These obligations have halved the sale of savings bonds.
Nazma Akhter, when asked about the difficulty of getting the profit money of the post offices of Bangladesh, said that the profit may be delayed. Sales of Post Office Savings Papers have collapsed. Also it is provided through software. They don’t have enough people in the ICT department, that’s their problem. They may not be able to pay the profit on time due to reduced sales.
It is known that in the first 11 months (July-May) of the current fiscal year 2021-2022, after paying the principal and profit of the old savings certificates, the net sales stood at 18 thousand 157 crores, which is 19 thousand more than the same period of the previous fiscal year (first 11 months of 2020-21). 229 crore less, which is 51 percent as a percentage. As such, the sale of savings bonds has fallen by more than half. The net sales in 11 months of the financial year was Tk 37 thousand 386 crores.
But even if people have confidence in savings certificates, it has reduced a lot now. Therefore, the demand of the common people is that the government should take care that the money of the common people can be easily kept somewhere.
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