Report Wire - Tax in your gold and actual property investments

Report Wire

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Tax in your gold and actual property investments

1 min read
Bloomberg

Real property and gold have historically shaped a big chunk of Indian traders’ portfolios. However, over the previous few years, returns from actual property have been poor to unfavourable. On the opposite hand, gold doesn’t give engaging return in the long run and has excessive transaction price. Apart from holding gold or actual property for personal use, investments in these two asset courses do not make a lot monetary sense. But should you select to scale back publicity to gold and actual property, do take note of the tax guidelines that can apply. Here is a have a look at the taxes that apply to short-term and long-term positive aspects from these two asset courses.

 

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