সোনার ভরিতে ভ্যাট কমছে ৭৮ শতাংশ, নামছে ২ হাজার ৫০০ টাকায়

The National Board of Revenue (NBR) in Bangladesh is planning to significantly reduce the Value Added Tax (VAT) on gold. Currently, a 5% VAT is levied on the total sales price of gold and gold jewelry. Under the proposed changes, expected to be implemented in the budget for the 2026-27 fiscal year, a fixed VAT of BDT 2,500 per bhori (a unit of gold weight) will be imposed. This change is anticipated to decrease the VAT burden by approximately 78.5%, bringing the tax amount down from over BDT 11,000 per bhori to BDT 2,500. The NBR expects this shift to increase annual VAT collection from the gold sector from less than BDT 150 crore to around BDT 400 crore, benefiting all stakeholders.

This policy change aims to simplify taxation, potentially boost revenue collection for the government, and make gold purchases more affordable for consumers by reducing the tax burden.