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The government of Bangladesh is set to allow individuals to legalize undeclared or black money in specific sectors without facing any questioning. According to the proposal for the 2026–27 fiscal year budget, taxpayers will be able to declare unreported funds used in real estate transactions—such as land, buildings, or flats—if the actual value exceeds the deed value. Both buyers and sellers will be eligible for this opportunity by paying regular income tax on the undeclared portion.

The Ministry of Finance has proposed adding a new clause to the Finance Bill to formalize this provision. If approved, taxpayers can voluntarily pay income tax at the applicable rate for individuals on the undeclared amount, and no authority will raise questions or take action regarding the source of that money, regardless of existing laws.

The initiative is part of the upcoming national budget, which aims to provide relief to citizens within limited resources while addressing a large revenue collection target for the National Board of Revenue.

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