Dhaka, June 10 -- The BNP government is likely to propose a new legal provision requiring individuals to disclose previously undeclared investments or property transactions and pay applicable taxes, along with a 20 percent penalty on the undisclosed amount, as part of efforts to strengthen tax compliance.

The proposal will be placed in Parliament on Thursday by Finance Minister Amir Khosru Mahmud Chowdhury in his budget for the 2026-27 fiscal year aiming to advance Bangladesh's transition towards a more investment-driven and "trillion-dollar economy" through higher growth targets, regulatory reforms and expanded fiscal measures.

Bangladesh needs people-centric budget with stronger tax system, say speakers at NCP discussion

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