According to Shykmatov, the proposed bill includes conditions that will allow jewelers to take advantage of benefits unavailable in other countries. For example, there are plans to enable the purchase of gold on the London exchange with a 2% discount off the market price and a payment deferral of up to 180 days. The tax rate for the jewelry industry will be only 0.25% of turnover.
Moreover, he emphasized that the implementation of these measures could contribute to the legalization of businesses in the jewelry sector, the creation of new jobs, a reduction in labor migration, and an improvement in the socio-economic situation in the country. The jewelry industry has significant potential and, with government support, can achieve sustainable development within the next five years.
