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https://cleartax.in/s/capital-gain-tax-on-sale-of-property-shares-gold/
Jul 15, 2021 · Profit or gain arising from the sale of assets such as property, gold, jewellery or shares is called a capital gain. Capital Gains are divided into two categories: Long term Capital Gain For instance, if you sell a house in FY 2017-18 after 24 months from the date of acquisition, then profit arising will be termed as LTCG.Estimated Reading Time: 4 mins
https://www.taxfull.com/107/capital-gain-tax-on-gold-jewellery-if-bought-in-return-of-gold
Capital gain tax on gold jewellery if bought in return of gold 1. A residential House property 2. Agriculture land which has been used by assessee himself or by his parents for agriculture purposes during last 2 yrs... 3. Investment in NHAI & REC bonds.
https://taxguru.in/income-tax/capital-gains-tax-gst-sale-goldjewellerysovereign-gold-bonds-gold-etf.html
May 28, 2020 · From the above definition it is very clear that Jewellery is excluded from the exclusions and indirectly included in the definition of capital gains, and it includes ornaments made of gold, silver, platinum or any other precious metal or any alloy containing one or more of such precious metals, whether or not containing any precious or semi-precious stone, and whether or not worked or sewn …
https://pocketsense.com/need-pay-tax-sell-gold-jewelry-6981.html
Dec 12, 2019 · Most assets, like stocks and bonds, are subject to a maximum long-term gains rate of 20 percent. According to the IRS, collectible items like gold and gems face a special long-term capital gains rate of 28 percent. If your normal income tax rate is lower than 28 percent, your ordinary income tax rate applies instead of the 28 percent rate.
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