Buy gold in a staggered manner financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Gold, that old hedge against inflation, faces near term volatility due to global events and us interest rate shifts, but its medium-term prospects shine with an imminent easing of the rate cycle - Issue Date: Apr 14, 2024
Gains earned on Gold ETFs bought after March 31, 2023 are taxed as per the income tax slab irrespective of the time when you sell them. Sovereign gold bonds are taxed at the slab rate when sold within three years of buying or at 20 percent when they are sold after 3 years
Raising concerns over the impact of the reduction in fuel prices on inflation, the RBI governor said the “Two months ago the elephant in the room was inflation, and that elephant has now gone for a walk in the forest and we hope it remains there.”