PM Tarique proposes hike to tax-free income limit, removal of black money 'whitening' provision
Dhaka, June 29 -- Prime Minister Tarique Rahman has proposed several changes to the budget to reduce the tax burden on the public, to withdraw the controversial provision on black money "whitening", and to remove the obligation to obtain a TIN to open a bank account.
The prime minister also urged Finance Minister and Planning Minister Amir Khosru Mahmud Chowdhury to reduce customs duties and taxes in several areas.
At the same time, he has expressed a firm commitment to "ending the fascist regime", restoring order to the country's economic sector, and quickly bringing laundered money back from abroad.
The prime minister presented the changes to the finance minister during the parliamentary budget session on Monday,
The parliament sess...
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