# New Budget Proposal Seeks to Lower Gold Jewelry Costs Through Fixed VAT and Reduced Source Tax

*The finance minister has proposed a new initiative in the budget to reduce the cost of gold jewelry.*

June 13, 2026 · business

## At a glance

- Fixed VAT of Tk 2,500 per bhori of gold
- Potential reduction of source tax from 5% to 0.5%
- Current price of 22-carat gold jewelry per bhori is Tk 2,18,350

The finance minister has introduced a new initiative in the budget aimed at reducing the cost of gold jewelry. The proposal includes setting a fixed VAT of Tk 2,500 per bhori of gold, down from the previous rate of over Tk 10,000. Additionally, the source tax on gold jewelry supply may be reduced from 5% to 0.5%. Currently, the price of 22-carat gold jewelry per bhori is Tk 2,18,350.

## Key Points of the Proposal

- Fixed VAT of Tk 2,500 per bhori of gold
- Potential reduction of source tax from 5% to 0.5%
- Current price of 22-carat gold jewelry per bhori is Tk 2,18,350

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Source: https://pulsetoday.com.bd/en/business/new-budget-proposal-reduce-gold-jewelry-costs