Dhaka, Bangladesh (BBN) - The National Board of Revenue (NBR) has planned to check tax files and wealth statements of some individuals and companies suspected of involvement in the latest share market scam, officials said.
The Central Intelligence Cell (CIC) of NBR has observed that a big chunk of money has been withdrawn from the capital market, which has caused sudden decline of the stock prices.
"The CIC has found it necessary to check the tax files and source of earning of some persons and companies, observing the current situation in the share market," a official of the NBR was quoted by the Financial Express (FE), a local newspaper, as saying.
The tax authority also found it necessary to play a role of its own to check the tax files of persons suspected to be involved in the share market scam, the official added.
Renowned artistes, corrupt officials of government, semi-government and autonomous bodies and share market players will come under scanner in phases, the official said mentioning a new plan of the tax intelligence team.
The CIC has collected BDT 300 million tax in the first six months of the current fiscal (July-December) against BDT 120 million in the corresponding period of last fiscal.
BBN/SI/SSR-12Feb11-1:13 pm (BST)