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. 

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

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

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

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

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

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.

Bangladesh Economic Association (BEA) has demanded the government to publish a white paper and keep a provision for forming a commission in regardto black money in the budget for fiscal year 2018-19.

Finance Minister AMA Muhith yesterday said black money may come into the market in the election year and has subsequently

The Centre for Policy Dialogue (CPD) calls upon the government to formulate separate laws to deal with the black money and benami (bought in other’s name) properties, within and outside the country.