Govt bans untaxed money use in buying home, land, car
June 08, 2007 00:00:00
The government has moved to ban the use of black money for purchase or construction of buildings, lands and cars, in the budget for fiscal 2007-08.
The use of untaxed or undisclosed money was allowed under sections 19B, 19BB and 19BBB of the Income Tax Ordinance, 1984 for the outgoing fiscal year that ends on June 30. — bdnews24.com
