Dhaka, June 14 -- The government is set to impose a 15 percent tax on profits earned from the sale of gold or gold ornaments declared by individual taxpayers in their income tax returns.

The proposal has been included in amendments to the Income Tax Act in the budget for the 2026-27 fiscal year.

Under the new rule, such income will be treated as capital gains, with the prevailing market value of gold taken into account for tax assessment.

The profit will be calculated based on the difference between the market value at the time of acquisition and the current market price, and the taxation will apply to that gain.

Officials say many taxpayers initially declare additional gold holdings in their returns, often citing marriage gifts or in...