Withdraw scope for money whitening

Tax lawyers urge govt
By Staff Correspondent
12 June 2006, 18:00 PM
Tax lawyers yesterday urged the government to withdraw the opportunity for money whitening through buying plots, apartments, flats and cars in the proposed budget as it would promote the interests of corrupt people.

In a post-budget press briefing organised by Jatiya Kar Ainjibi Samity, they suggested for bringing the NGOs under the tax-net saying these organisations have lost their non-profit and non-partisan character.

Terming the lowering of punishment to tax-evaders illogical, the leaders demanded tougher provision for them.

They also suggested barring of chartered accountants and chartered management accountants from conducting any income-tax case of any business firm, whose accounts they have audited, in the courts.

Samity President Md Zakir Hossain read out a written statement at the conference attended by its Vice-president Abdul Halim, General Secretary Abdul Aziz Sarkar and Legal Secretary Kanika Mahfuz Ara Begum.