সঞ্চয় পত্রের মুনাফা হইতে কর কর্তন

(1) Notwithstanding anything contained in any other provision of this Act or any other law regarding the exemption from tax of profits received on savings certificates purchased with the money of an approved old-age fund or pension fund or gratuity fund or recognized provident fund or workers' interest participation fund, any person responsible for paying the profits of savings certificates shall deduct tax at the rate of 10% (ten percent) while making such payments.

(2) No tax shall be deducted under this section from the profit earned from such investment if the accumulated investment in pensioner's savings certificate in any income year does not exceed 5 (five) lakh taka.

(3) No tax shall be deducted from interest or dividends arising from Foreign Exchange Earner Development Bonds, US Dollar Premium Bonds, US Dollar Investment Bonds, Euro Premium Bonds, Euro Investment Bonds, Pound Sterling Bonds or Pound Sterling Premium Bonds.