Interim govt decides to revoke facility of whitening black money

Reported By: ST Report Posting Time: 2024-08-29 20:22:48 Catagory: Bank
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Interim govt decides to revoke facility of whitening black money

The interim government has decided to stop the practice of whitening the black money.
The decision was taken at a meeting of the advisory council of the government at state guest house Jamuna today (29 August).
Syeda Rizwana Hasan, adviser for environment, forest and climate change, confirmed the matter after emerging from the meeting.
In the FY25 budget approved in July, the recently ousted Awami League government permitted the legalisation of black money with a 15% tax.