Allowing undisclosed money in real estate envisaged
Dhaka, May 16 -- Reintroducing a facility to legalise undisclosed money through investment in real estate is under consideration in a bid to rescue the industry from the brink of collapse, sources say.
At the same time, the upcoming national budget is likely to offer a wide range of tax breaks to encourage investment in capital-intensive and emerging sectors, including semiconductors, active pharmaceutical ingredients (API), and locally produced food- and vegetable-processing industries.
Tax officials say the tax-free income threshold for individual taxpayers may also be raised to Tk 0.4 million for fiscal years 2028-29 and 2029-30.
The proposed measures are expected to be incorporated into the Finance Bill 2026 for the fiscal year 202...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.