Govt considering black money whitening facility in upcoming budget
Dhaka, May 17 -- The government is considering a special tax amnesty in the upcoming national budget for the upcoming fiscal year FY2026-27, allowing individuals to whiten undisclosed money and assets held both at home (Domestic) and abroad, according to the sources of Ministry of Finance.
The initiative aims to break the ongoing stagnation in private sector investment and channel idle capital into the mainstream economy, officials said.
The national budget for FY 2026-27 is scheduled to be presented in Parliament on June 11.
Ahead of the budget, during pre-budget discussions in April, the Real Estate and Housing Association of Bangladesh (REHAB) urged the government to allow flat purchases without any questions regarding the source of...
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