Dhaka, June 30 -- The government has passed the Finance Bill for 2022-23 with a modified provision offering amnesty to the money launderers.

Finance Minister AHM Mustafa Kamal had proposed a 15 percent tax on immovable property located abroad, and a 10 percent tax on movable property that has not been brought back to the country.

He had also proposed 7 percent tax on money coming into Bangladesh as part of his efforts to fund the Tk 6.78 trillion expenditure he has planned, drawing intense criticism that the option will encourage money laundering.

In the revised bill that was passed in parliament on Wednesday, the minister dropped the options to legalise properties, both movable and immovable, located abroad.

He retained the scope of ...