Hasina says option to legalise undisclosed income is ‘like a bait’ - News Summed Up

Hasina says option to legalise undisclosed income is ‘like a bait’


The government is facing intense criticism for allowing people to launder so-called black money without facing any questionsSheikh Hasina has compared the option to legalise undisclosed income without facing questions with using baits for fishing. They will need to pay a 15 percent tax, according to a proposal made in the national budget for 2024-25 fiscal year announced on Thursday. “We have also given the same option for people to bring their money to the banking system,” the prime minister said. She described controlling inflation as a challenge in the national budget, and emphasised boosting production and supply to tackle it. For that, we spent a lot.”The prime minister said this idea of fulfilling people’s needs was prioritised in the national budget.


Source: bd News24 June 07, 2024 20:49 UTC



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