Arjuna (Fictional Character): Krishna, Recently there is lots of ups and down in gold market and its rates. Many other types of precious metal, stones are there but no other can take the place of gold. Indians are found of Gold; hence let’s explain me about gold and taxation.
Krishna (Fictional Character): Arjuna, in world and particularly in India there is huge turnover of gold. Gold is valuable and precious. Purchasing or having gold serves two purposes, one ornaments of gold are used for wearing and second it is used for investments. The value of gold is ever increasing. As the value of gold is high, taxing system also wanted there pie of gold in the ambit of taxation.
Read on me: https://taxguru.in/income-tax/karniti-part2-taxation-gold.html
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