Budget FY27: TIN certificate may be made mandatory for opening bank account
The government has proposed to introduce a mandatory Tax Identification Number (TIN) certificate for opening a bank account in the upcoming FY2026-27 budget.
"We propose introducing a provision requiring any individual, except holders of Student Accounts, No-Frills Accounts, and persons exempted from obtaining a TIN through a government gazette notification, to submit a TIN certificate at the time of opening a bank account," said the budget document.
The total number of banking accounts in the banking industry stood at 17.79 crore at the end of December 2025, according to Bangladesh Bank data.
The government is also expected to announce stronger technology-based monitoring measures aimed at curbing tax evasion and increasing revenue collection.
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As part of the initiative, a Central Data Integration system may be introduced to connect the NBR's database with information held by various institutions, including the national identity card system, banks, utility service providers such as electricity, gas and water companies, and sub-registrar offices.
Officials believe the move will help improve tax compliance, expand the tax net and strengthen revenue administration through greater data sharing and coordination among government agencies.
