Dear Reputed members.
my wife has gold of approx 450 grams. now I want to sell this due to this pandemic situation. please tell me the tax slab on selling gold.
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Selling gold.
Replies (2)
Quick Summary
It will be taxable under the head capital gains under Income tax . Long term capital asset like jewels should hold for 36 mths for satish as long term capital asset . special tax rate of 20 % in case of long term capital gains . short term capital gains at normal slab rate
Thanks sir
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