PSR & RulesLast Updated: September 2026•Read Time: 8 min read•Verified by NBR SRO & Tax Act 2023

Mandatory 46 PSR Services: Section 264 Return Proof Requirements

Proof of Submission of Return (PSR) is strictly mandatory under Section 264 for 46 civic services including bank loans, trade licenses, vehicle registration, and credit cards.

Key Takeaways & Core Points

Section 264 mandates PSR for 46 key financial and government services.
Bank loan approval exceeding ৳5,00,000 strictly requires verified PSR.
Trade license renewal and new company registration require PSR.
Motor vehicle fitness and ownership transfer require PSR.
Service providers face heavy fines if they process transactions without PSR.

Under Section 264 of the Income Tax Act 2023, Proof of Submission of Return (PSR) has become the golden key to access essential banking, legal, and government services.

1. Key Financial Services Requiring PSR

Banks and financial institutions cannot approve loans exceeding ৳5 Lakhs or issue premium credit cards without verifying your official PSR acknowledgment receipt.

•Bank loans over ৳5,00,000
•Credit card issuance
•Opening letter of credit (LC)
•Trade license renewal in city corporations and municipalities
•Property registration and deed execution
•Car registration and fitness renewal

Frequently Asked Questions (FAQ)

Q: What serves as official PSR?

A: The online acknowledgment receipt downloaded directly from etaxnbr.gov.bd with a verifiable QR code serves as primary PSR.

Conclusion & Tax Tips

Timely filing ensures uninterrupted access to banking facilities, business licenses, and government approvals.

Official Statutory References & Sources

Reviewed by Talukdar Academy Research Cell

All data, tax brackets, thresholds, and statutory interpretations in this article are compiled directly from the Bangladesh Income Tax Act 2023, Finance Ordinance 2026, and official NBR circulars.

NBR Official Portal

Official e-Return Portal

Income Tax Act 2023 Gazette