Real property and gold have historically fashioned a big chunk of Indian buyers’ portfolios. However, over the previous few years, returns from actual property have been poor to adverse. On the opposite hand, gold doesn’t give engaging return in the long run and has excessive transaction price. Apart from preserving gold or actual property for personal use, investments in these two asset courses do not make a lot monetary sense. But for those who select to scale back publicity to gold and actual property, do take note of the tax guidelines that can apply. Here is a have a look at the taxes that apply to short-term and long-term good points from these two asset courses.
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