help me to buy gold from mmtc limited. where can I check the daily rate changes? what are the taxes levied on gold? which is the right time to buy?
As per the IT Act in India jewellery is considered as a capital asset. Will gold coins/ biscuits be considered as jewellery or will it be considered as just a personal effect. If not, will such gold become a part of wealth to be taxed under wealth tax ?
Hi, I am planning to buy some gold coin for investment purpose. To make sure of purity, I am planning to buy from Banks. As its investment purpose, I will be selling it after I gain handsomely / in emergency.
So does anybody know – which Indian Banks buy back the gold coins sold by them?
Is it profitable to purchase gold coins from banks as a long term investment ?
From where should i purchase gold as a long term investment ?
I’m just thinking of buying gold and assume that gold coins in US are a little cheaper than in India. So, if I buy here, I want to know that I’ll still be at profit if I sell them in India in future. Or is it a bad idea altogether and I should consider buying gold in India itself? Thoughts? Guidance? Thanks in advance for yuor help.
I keep hearing that gold is a good investment. Banks sell gold coins. If I buy 1, where do I sell it later to get a profit? I want to buy & sell through safe secure channels like banks.
I want to buy gold bars or gold coins in Delhi. Some say that banks are selling it for higher price, so I guess I should opt for jeweller shop. Any idea, which jelweller shop can I trust? Also, how do I know if the gold bar is pure?
Do I need a PAN card at the time of buying and selling gold bar from jeweley shop?
Do I need to pay tax if at the time of selling gold bar? What if I got cash from buyer?
i want to sell gold coins/buiscuts bought over a period of time assuming that i can sell in the market ,but i understand that banks sell only gold coins and not buying from the public .i don’t know why. what alternatives/options are open to me for selling pure gold.