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'Budget cautious, but should reconsider amnesty to black money' - Vimarsana News

'Budget cautious, but should reconsider amnesty to black money'

The government should reconsider the proposals on increasing source tax on interest income of all companies, raising taxes on mobile phones, laptops and broadband internet services and giving amnesty to laundered money, Unnayan Shamannay Chair-Professor Atiur Rahman said today.

Source tax may be doubled - Vimarsana News

Source tax may be doubled

The government proposed increasing the source tax on export proceeds to 1 per cent from the existing 0.5 per cent in the next fiscal year. The finance minister today also proposed raising the source tax on bank interest for company taxpayers to 20 per cent from the previous year's 10 per cent.