Dhaka, June 18 -- Bangladesh Jewellers Association (BAJUS) has for the first time determined the prices of gold ornaments inclusive of VAT under a new pricing system, setting the price of 22-carat gold ornaments at Tk 232,930 per bhori (11.664 grams), effective from Thursday morning.

Following the government's proposal in the national budget for FY2026-27, the previous 5 percent VAT has been replaced with a fixed VAT of Tk 2,500 per bhori. As a result, the price of 22-carat gold ornaments has decreased by Tk 9,013 per bhori under the new method.

The decision was taken at a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring, and the revised rates came into effect from 10:00am on Thursday.

Previously, on June 15, BAJ...