New budget will also have scope to whiten black money: finance minister

The scope to whiten black money will be there in the upcoming budget also, Finance Minister AHM Mustafa Kamal said today.

"The scope will be there as long as undisclosed incomes will be there."

The minister shared the information in a press briefing after a meeting of the cabinet committee on public purchase.

Earlier on March 24, Kamal said: "It can't be said now whether things that are present at the moment will remain the same in the budget. You will get to know those during budget in parliament in June."

In the first six months of the current fiscal year, 7,445 individuals whitened Tk 10,220 crore by paying Tk 950 crore as tax, according to data from the National Board of Revenue.