Black money allowed in stocks

BOWING to pressure from different quarters, Bangladesh government has decided to allow black money to be invested into the stockmarket for two years, a finance ministry source said.

Finance Minister AMA Muhith might disclose the decision during his concluding speech in the budget session Tuesday evening, the source further added.

The government is going to clamp a 10 percent tax on the money for clearing its passage into the share market, The Daily Star has learnt.


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