, March 1 -- The National Board of Revenue (NBR) is set to amend the baggage rules as gold smuggling rises through organised syndicates exploiting loopholes in the regulations.
Experts said that weak monitoring and lax enforcement at airports have allowed a steady inflow of smuggled gold, undermining the legal trade and financial stability.
According to sources, smugglers take advantage of passenger-friendly baggage rules, which allow travelers to carry a limited quantity of gold legally.
Gold worth nearly Tk 3 crore found in cattle shed
Currently, inbound passengers can bring up to 100 grams of gold in bars or ornaments tax free. However, smugglers dodge this provision by using multiple carriers, or "mules," who bring in small quanti...
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