Money whitening scope to continue till June: NBR chief

National Board of Revenue (NBR) Chairman Nasiruddin Ahmed has said scope for whitening black money given in the budget will continue until June.
“If anybody invests in the stockmarket after paying 10 percent tax, no question will be raised about the nature of his money as per income tax law,” the NBR chairman told reporters in Dhaka.
However, replying to another question as to whether such objections will be raised under any other law, the NBR chairman said, it is not for the NBR to look into what other laws contain.
He said, no objection will be raised under tax law.
Recently, some newspapers have reported that the government may remove scope for whitening black money, after the Asia Pacific Group on Money Laundering, an international body, objected to the practice.