It is to be noted that we are not in favor of investing undisclosed money. Whenever it becomes undisclosed money, necessary steps should be taken so that the government can prevent siphoning off the money. Focus should be given on addressing corruption strongly so that undisclosed money can be checked. Though undisclosed money can be invested in any sector subject to 10% tax, a three-year lock-in period condition has been imposed if undisclosed money is invested in the capital market. Imposing such conditions will not encourage undisclosed money to be invested in the capital market.
Source: Dhaka Tribune June 28, 2020 12:33 UTC