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INHERITANCE GOLD RULES
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
Bengaluru property tax: e-Khata open house to be held on May 30, 2026 at these areas under Bhoo Guarantee schemeBengaluru citizens can attend an e-Khata open house on May 30, 2026. This event, part of the Bhoo Guarantee- 6th guarantee scheme, offers o...
Who is VD Satheesan? The man who led Congress’s Kerala comeback and won the CM race; Check his net worth hereWho is VD Satheesan: After days of suspense, Congress leader VD Satheesan has finally been named Kerala Chief Minister following the UDF’s ...
Inherited wealth: How to plan wisely and avoid costly impulsive decisions for long-term financial securityThe primary rule to follow is: do not make rash and immediate decisions. Take time to consider what you have inherited and how to use it in...
Joint mutual will alert: Surviving spouse can’t change beneficiaries after partner’s death - what parents must knowDaughters secured an inheritance in Kerala despite their parents' Will. The High Court ruled in their favour, granting them a share of the ...
Tamil Nadu polls: CM M K Stalin declares assets worth Rs 6.26 crDMK President M.K. Stalin filed his nomination for the Kolathur constituency, declaring assets worth over Rs 6.26 crore. His affidavit reve...
Gold holding above 100g: Can it be seized by income tax department if you don’t have right papers? Check varying limits for men and womenIndia has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold ...
Gold taxation explained: Physical gold, ETF, SGB or inherited gold - Where do you pay more tax?
Gold taxation explained: Physical vs ETF vs SGB vs inherited goldIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
Gold and silver income tax rule change: How will your precious metal investments including SGBs be taxed after Budget 2026?Finance Minister Nirmala Sitharaman's Budget 2026 maintained most of the existing taxation rules for gold and silver investments, except fo...
Don’t let your gains on gold & silver vanish: You may pay 18.2% additional income tax if not careful about exit timing, check taxation rulesUnderstanding gold and silver taxation is crucial for investors. Holding periods determine short-term or long-term capital gains tax. Strat...
Tax dept seized mother’s 263 gram gold; son fights in ITAT Mumbai and wins: Know what CBDT gold jewellery circular saysMr. Nilawar has emerged victorious against the tax department's attempt to seize his family's gold collection. The Mumbai Income Tax Appell...
Do you need to pay tax on inherited gold jewellery? CAs explain when you mayIn India, inheriting gold jewellery is tax-free, but selling it incurs capital gains tax on the earnings. The tax is determined based on th...
Unlock true financial freedom by rewriting subconscious 'scripts': CA’s money lessons for new generationFinancial freedom is not only about wealth accumulation but also about breaking inherited money habits, says Chartered Accountant Abhishek ...
New gold hallmarking rule silent on antique jewellery: Gold tradersThe rule that came into effect on June 15 requires old gold to be melted and remade before it is resold. Leading jewellers and gold trade e...
Gold monetisation scheme fails to appease consumers over low returns and security concernsIn the scheme the minimum deposit has been kept as low as 30 grams and returns have been made tax-free to sweeten the deal.