Black money

90’s action star Rubel makes OTT debut, Puja Chery makes grand return

After a hiatus of about six years, Puja is working with Raihan Rafi again. “I am a bit nervous about what will happen. I previously worked on two hit projects with him, “Poramon-2” and “Dohon”, in the same year. For the first time, I will be starring in a web project directed by him. Also, sharing the screen with Rubel bhai is another reason why I am nervous. I hope it will be well-received by the audience."

Govt to give no quarter for black money

The interim government will not leave any scope for generating black money and the Bangladesh Bank is already working to bring money siphoned off abroad back into the country, Finance Adviser Salehuddin Ahmed said yesterday.

Raihan Rafi collaborates with Bongo for ‘Black Money’ web-series

After the massive success of “Toofan” in theatres, Raihan Rafi has joined forces with Bongo to create a new web-series titled “Black Money”.

Black money holders get amnesty

Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.

Amnesty to black money may continue despite criticism

Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.

Amnesty for black money: what are the proposed tax measures?

By re-launching the initiative, the government seeks to increase the flow of money into the economy, although such measures failed to yield any fruitful benefit in the past.

PM defends budgetary proposal for whitening black money

Prime Minister Sheikh Hasina today supported the budgetary provision for legalising black money saying that it should be brought to the legal network first

Amnesty for black money proposed as per businesses’ demand

NBR chairman in post-budget press conference also said the general mass also demanded for the opportunity

Whitening Black Money: ‘Unethical, unjust and unacceptable’

Backtracking on its promise to eliminate black money, the government has once again made room to allow both individuals and companies to whiten money without facing scrutiny and by paying a 15 percent tax, a move that drew sharp criticism from economists and civil society.

June 6, 2024
June 6, 2024

Pay 15% tax to whiten black money

None will raise question if a taxpayer pays a 15 percent tax for immovable properties

May 27, 2024
May 27, 2024

Budget for FY25: Scope likely for legalising black money

The government is thinking about allowing again undisclosed money to be legalised and laundered money to be brought back home through formal channels in the next budget.

April 4, 2024
April 4, 2024

WB criticises tax provision on legalising black money

At present, taxpayers show their undisclosed assets in their tax returns through investment in apartments, buildings and economic zones and high-tech parks.

June 15, 2022
June 15, 2022

Kamal firm on allowing legalising laundered money

Finance Minister AHM Mustafa Kamal today said he will not backpedal from his decision to allow legalising laundered money in the upcoming fiscal year despite growing criticism. 

June 9, 2022
June 9, 2022

Scope to whiten money through stocks to go

The finance minister has proposed abolishing the scope for whitening of black money through the stock market.

May 31, 2022
May 31, 2022

Bringing back black money: Will amnesty work at all?

Wishful thinking -- is what best describes the maiden tax amnesty campaign the government is planning to lure money back home next fiscal year.

June 30, 2019
June 30, 2019

Black Money Whitening: No scope to invest in land

Parliament yesterday passed the tax measures for fiscal 2019-20, scrapping the opportunity to invest black money to buy land.

June 13, 2019
June 13, 2019

Investment amnesty proposed for black money

Bangladesh government is yet again giving scope to whiten black money, subjected to investment for the grooming of industrial sector.

June 10, 2019
June 10, 2019

Scope likely for whitening black money again

The government may once again offer scope for whitening black money through investment in industries to boost private investment, say finance ministry officials.

November 7, 2018
November 7, 2018

No need to return Tk 615cr to 17 firms, businessmen

The Supreme Court yesterday stayed its earlier verdict that directed the government to return Tk 615 crore to 17 companies and several businesspeople that had been forced to deposit the amount with Bangladesh Bank as tax on their alleged hidden money during the last caretaker government's tenure.