Practical Proposal on Online Tax Payment System
Application for project proposal
January 20, 2015
The Consultant,
WPSI, Round-22,
IDB-BISEW IT Scholarship Project,
IDB Bhaban,
Dhaka, Bangladesh.
Subject: Approval of project proposal on
Online Tax Payment System.
Dear Sir,
Thank you for offering me an opportunity to make a project based on my Professional Course that is Web Presence Solution Implementation (WPSI).In this respect, I would like to inform you that I have set a project on Online Tax Payment System. I have studied about the various aspects of this system and make a proposal accordingly which is enclosed herewith for your kind consideration. Bangladesh has a developing economy. To boost up the economy her Taxation policy is progressive. Present tax payment system is not suitable for taxpayers.I ensure that, in future, Online Tax Payment System software implementation is feasible all over the country.
So, I, therefore, pray and hope that you would be kind enough to grant my request and allow me to make a project on my proposed topic.
Yours Sincerely,
Mahbuba Rahman
ID: 1166898.
Batch: ID-WPSI/APCL-01M/R22/01.
Project Proposal:
• Introduction
• Background
• Objectives
• Drawbacks of Present System:
• Scope:
• Feasibility
• Module
• Technology
• Milestones
• Implementation
Introduction
The National Board of Revenue (NBR) is the central authority for tax administration in Bangladesh. Administratively, it is under the Internal Resources Division (IRD) of the Ministry of Finance (MoF). MoF has 4 Divisions, namely, the Finance Division the Internal Resources Division (IRD), the Banking Division and the Economic Relations Division (ERD). Each division is headed by a Secretary to the Government. Secretary, IRD is the ex-office Chairman of NBR. NBR is responsible for formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh.
Bangladesh has a developing economy. To boost up the economy her Taxation policy is progressive. Automation via online service is one of the condition of tax service system. Access to tax registration, return submit, tax payment and other compliance activities by the way of automation process. Finally, introduce to complete e-filing and e-TDS(Tax Deduction at Sources) system, so that, online based tax payment system is easy to tax payment for taxpayers. I ensure that, in future, “online based tax payment system” software implementation is feasible all over the country.
Background
Tax means the income tax payable under the Income Tax Order 1984 and includes any additional tax, excess profit tax, penalty, interest, fee or other charge livable or deemed to be accrued or arise or to be received under any provision of IT Ordinance 1984.
Most of the income taxpayers are worried. They are going to their friends who know how to fill up income tax return? Those who are high income group are seeking advice from their income tax advisers. Some are buying costly gifts for their tax adviser so that after eid they keep a slot for them. Don’t be worried. Just attend the online tax paymen tsystem, make fun and learn how to fill up income tax return.I ensure that taxpayers would be capable to handle their tax related issues more effectively & efficiently.
Objectives:
• New feature make estimated, extension and tax due payments by bank draft.
• Easy, user friendly, and includes step by step instructions.
• Convenient–available around the clock 24/7. No paper returns to mail, no stamps, no waiting in lines.
• This system is secure because it used to the latest technology to ensure taxpayers return and payment is transmitted safely and that taxpayers privacy is protected
• Order Tax Forms and Instructions.
• Encouraged taxpayers to electronically file and pay taxes whenever possible, as errors and easily made mistakes are significantly reduced with e-File.
• However, forms are available for download. The easiest way to obtain tax forms is to visit complete list for downloading and taxpayers can quickly print and complete forms at home.
• This Web Application provides facility to conduct online tax payment all over country.
• It saves time as it allows number of taxpayers to give the information at a time and display.
• User can register, login, and confirmation their payment.
Drawbacks of Present System:
Present tax payment system is not suitable for taxpayers. Tax avoidance is one of the main problems for collecting Income Tax by the Income Tax Authority in Bangladesh. It is the legal utilization of the tax regime to one's own advantage, in order to reduce the amount of tax that is payable by means that are within the law. There are two systems of tax payment for taxpayers: the manual system and a computerized system. At present, starting computerized system but could not completely. Only two tax zones of capital city via online tax payment system.
Scope:
• Complete the online order form Calculates Taxable Income by computing income from all sources viz. Salary and Allowances, House Property, Capital Gains, Income from other sources, Agriculture Income etc.
• Calculates income chargeable at Special Rate for computing the Taxable Income.
• Calculates deductions available from the Taxable Income under various Sections of Income Tax Act.
• Calculates and shows Income Tax with slab wise Income details.
• Calculates Surcharge net of Marginal Relief, wherever applicable.
• Calculates Income net of Income Tax Liability.
• To prepare for the technologically sophisticated tax environment of the twenty-first century.
• Download Tax Forms and Instructions
• Encouraged taxpayers to electronically file and pay taxes whenever possible, as errors and easily made mistakes are significantly reduced with e-File.
• Taxpayer Alert concerning Tax Forms Generated using Unapproved Software or Unauthorized websites.
• Introduce to Income Tax Electronic Ecosystem.
• Finally, proper use to data mining, transaction tracking, evidencing, data capturing, data processing, data matching and connectivity to central processing center.
Feasibility:
Feasibility of any problem we undertake. Feasibility is the study of impact, which happens in the organization by the development of a
system. The impact can be either positive or negative. When the Positives nominate the negatives, then the system is considered feasible. Here the feasibility study can be performed in two ways such as Technical Feasibility and Economical Feasibility.This software will be used by any general people and especially by the whatever we think need not be feasible. It is wise to think about the taxpayers.
Technical Feasibility:
We can strongly say that it is technically feasible, since there will not be much difficulty in getting required resources for the development and maintaining the system as well. All the resources needed for the development of the software as well as the maintenance of the same is available in the organization here we are utilizing the resources which are available already.
Economic Feasibility:
Development of this application is highly economically feasible .The organization needed not spend much money for the development of the system already available. The only thing is to be done is making an environment for the development with an effective supervision. If we are doing so, we can attain the maximum usability of the corresponding resources. Even after the development, the organization will not be in a condition to invest more in the organization. Therefore, the system is economically feasible.
Module:
Application will allow only valid users to access the system. Access to any application resource will depend upon user’s designation. There are two types of users namely Administrator and taxpayers. Security is based upon the individual user ID and Password.
Administrator:
Access to master forms for the purpose of data entry and generate of reports.
Taxpayers:
The links are provided for each form. The taxpayers are facilitated to view and make entries in the forms. Validations are provided in each field to avoid inconsistent or invalid entry in the databases. Some forms consist of Hyper Links, which provides further details. Reports screen contains text boxes and drop down lists, so that reports can be produced.
Acceptance Criteria:
The software should meet the functional requirement and perform the functionality effectively and efficiently.
A user-friendly interface with proper menus.
Data transfer should be accurate and within a reasonable amount of time keeping in mind the network traffic.
The system should not allow entry of duplicate key values.
System should have the ability to generate transactional Logs to avoid any accidental loss of data. Log file should also be generated.
Technology:
WCMS |
|
Frontend |
HTML, CSS, JavaScript, jQuery |
Backend |
PHP,MySQL |
Server software configuration |
|
Operating System |
Windows7 Ultimate and higher |
Language |
PHP |
Database |
MYSQL Server |
Server hardware configuration |
|
Processor |
Pentium Celeron2.0 GHz |
RAM |
1 GB |
Hard Disk |
20 GB |
Monitor |
15” Color monitor |
Hard Disk |
122 Keys |
Project Milestones:
Although it’s not possible to calculate the exact time for the development of the project, I have made an approximate timeline for the development of my project and it is as follows:
Serial No |
Stages of development |
Duration in days |
1 |
Initial study |
20 |
2 |
Feasibility study |
15 |
3 |
Requirement analysis |
15 |
4 |
Requirement specification |
10 |
5 |
Design(Physical & Logical) |
10 |
6 |
Coding |
10 |
7 |
Testing and Debugging |
5 |
8 |
Implementation |
5 |
|
Total |
90 days |
Implementation
The implementation will cover the following areas:
Analysis of online tax payment system.
Core coding of the application.
Database design.
Front end design of all forms.
Developing the business and database logic.
Developing the test cases.
Module level unit testing.
Bug fixing and final release including server setup.
Project Supervisor & Coordinator
Mohammad Towhidul Islam
WPSI, IDB-BISEW IT Scholarship Project
Cell No: 01715785434
Trainee
Mahbuba Rahman
ID: 1166898.
Batch: ID-WPSI/APCL-01M/R22/01.
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