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Finance minister: India will return PK Halder's money

Attempts are being made to bring back the money smuggled abroad, says the minister

Update : 11 Jun 2022, 02:30 PM

Finance Minister AHM Mustafa Kamal on Friday said the government has asked the Indian government to return back PK Halder's money.

He made the remarks at a press conference at the Osmani Memorial Auditorium in the capital.

He added that attempts are being made to bring back the money smuggled abroad.


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In his budget speech for the fiscal year 2022-23 in Parliament on Thursday, Mustafa Kamal proposed to give the opportunity to display the money smuggled out of the country in the income tax return.

“If a taxpayer owns an asset outside Bangladesh and that asset does not appear in the income tax return, he will have the opportunity to do so by paying a fixed tax in the next financial year,” he observed.

The minister proposed to levy tax at the rate of 15% on immovable property acquired abroad, 10% on immovable property abroad and on cash remitted to Bangladesh.

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