NBR Urges Gold Traders to Legalize Undeclared Stocks

From scrapmonster.com

The National Board of Revenue- the central authority for tax administration in Bangladesh has urged gold traders and jewelers to legalize undeclared stocks of gold and other precious metals such as silver and diamond before the end of June. It ruled out the possibilities of extending the deadline beyond June 30. Speaking at the inaugural ceremony of the Gold Fair at the InterContinental Dhaka Hotel, Md Mosharraf Hossain Bhuiyan, Chairman, NBR urged traders to make use of the three-day fair in legalizing their gold stocks. They can legalize their undeclared gold by paying taxes at Tk 1,000 per bhori (equivalent of ... (full story)