It may be encouraged to use undeclared money in mainstream budgets in the budget of the next fiscal year 2017-18.
Especially in the land registration, these owners of the money are not referring to the exact price of the land. The government is being deprived of huge revenue. As well as increasing the revenue collection, the government is thinking of finding new ways to encourage the use of undeclared money in the mainstream.The meeting was discussed in the meeting of the Financial Coordination Committee and the Budget Monitoring Committee in the Secretariat on Sunday. After the meeting, Finance Minister Abul Maal Abdul Muhith briefed reporters on various aspects of the upcoming budget. Commerce Minister Tofail Ahmed and senior officials of both the committees were present in the meeting.




