Bangladesh Jeweller's Association (BAJUS) today (9 June) said no effective initiative has been taken to stop gold smuggling in the proposed budget for the financial year 024-2025.

Besides, the jewellers sector got nothing from the proposed national budget in the parliament on June 6.

BAJUS leaders were speaking at a post-budget press conference in the Bashundhara Shopping Complex.

They said BAJUS is embarrassed by the finance minister's non-inclusion of any of their 15 proposals in the proposed budget for the 2024-25 fiscal year.

They urged again to consider 15 points-demand to include in the budget to the survival of jewellery traders.

The trade body for the Jewellers also sought a VAT reduction on gold ornaments to 3 percent from 5 percent and stops all kinds of harassment from the tax officials.

Anwar Hossain, chairman and executive member of Bajus Standing Committee on Tariff and Taxation spoke at the press conference on behalf of BAJUS.

BDST: 2155 HRS, JUNE 9, 2024
MSK/SMS