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TIN-requirement-withdrawn-Bangladesh

PM Seeks End to Black Money Provision
PM Seeks End to Black Money Provision
Prime Minister Tarique Rahman on Monday urged the finance minister to withdraw the proposed budget provision allowing the legalization of undisclosed income, commonly referred to as ‘whitening black money,’ while also recommending tax and duty cuts in several sectors. The prime minister presente...
Bangladesh•29 June 2026
TIN No Longer Required to Open Bank Accounts
TIN No Longer Required to Open Bank Accounts
Prime Minister Tarique Rahman on Monday announced the withdrawal of the mandatory Taxpayer Identification Number (TIN) requirement for opening bank accounts and executing certain legal documents. He also proposed raising the tax-free income threshold for individual taxpayers to Tk 400,000. The annou...
Bangladesh•29 June 2026