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https://taxguru.in/income-tax/capital-gains-tax-gst-sale-goldjewellerysovereign-gold-bonds-gold-etf.html
May 28, 2020 · How on sale of gold, capital gains taxes levied under Income Tax Act, 1961? Capital gain is rise in the value of capital asset that gives higher worth than the purchase price. Generally, the gain is not realised until the capital asset is sold. A capital gain may be short term or long termand that depends on the period of holding.
https://www.rediff.com/business/report/explained-capital-gains-on-sale-and-purchase-of-gold/20191001.htm
“If the jewellery sold was bought before April 1, 2001, then the taxpayer can use the gold price as on April 1, 2001. "For 24-carat gold, the price was Rs 4,190 per 10 grams,” says Wadhwa. If...Author: Tinesh Bhasin
https://cleartax.in/s/capital-gain-tax-on-sale-of-property-shares-gold/
Nov 04, 2020 · Every individual generally possesses some asset to be it in the form of any property, gold, jewellery or shares. And so one must be aware of tax implications on the gain/loss arising from the sale of such assets. Tax liability on these assets depends on the holding period of the asset and is calculated under the head ‘Capital Gains’.
https://stableinvestor.com/2020/06/taxation-gold-capital-gains.html
Jun 04, 2020 · The short-term capital gains on the sale of gold is taxed at the income tax rates applicable to your respective income slabs. The long-term capital gains are taxed at 20% (plus cess) with indexation benefits (gains calculated after adjusting the purchase price of gold for inflation based on CII index). That is your tax on gold profits if you wish to call that. Income Tax on selling gold ETFs / MFs (Capital Gains …
https://www.bankrate.com/finance/taxes/capital-gains-tax-on-sale-of-gold-or-silver.aspx
Oct 06, 2011 · Gain from the sale of gold is considered collectibles gain and is taxed at a higher rate than conventional long-term capital gains. Collectibles gain is gain or loss from the sale or trade of a...Author: George Saenz
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