A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).

He said that the NBR is providing tax benefits on remittances sent home by Bangladeshis working abroad to encourage the use of formal channels.

However, one person brought Tk 730 crore as remittance through a bank account and claimed the money was exempt from taxes.

"Can you believe that?" Khan said at the event organised by the BCS Taxation Association at the NBR office in the capital.

As per the income tax law, remittances sent by expatriates are tax-exempt. Additionally, the government offers a 2.5 percent incentive to remitters sending money through formal channels.

Khan said it is not possible for a wage-earning migrant worker from Bangladesh to earn such a large sum. As such, officials believe that this is an attempt to legalise laundered money with income tax benefits.