Dhaka, June 17 -- The much-debated black-money-whitening facility is unlikely in the upcoming fiscal year as the provision incorporated into the Finance Ordinance may finally be dropped amid outcry.

The finance ordinance, promulgated on June 2, 2025 to ratify the interim government's maiden budget, has retained the provision allowing black-money whitening through real-estate investment, purchase of land, apartments and construction of residential buildings.

The tax rate has been increased up to five times and scope kept for raising question on source of the declared money by other government agencies excepting taxmen.

According to sources, the advisory council of the government may scrap the provision, incorporated into the Finance Ord...