External Resources.

discussion

discussion

by Mahmudul Karim -
Number of replies: 0

50pc penalty for money laundering likely in budget:

The National Board of Revenue is likely to introduce a strict measure to check trade-based money laundering and tax evasion through fake and inflated investment in the upcoming national budget for the fiscal year 2020–21.

A straight 50 per cent penalty may be imposed on the value gap or the difference between the declared value and the actual value of imports, exports and investments