Real property and gold have historically shaped a big chunk of Indian traders’ portfolios. However, over the previous few years, returns from actual property have been poor to destructive. On the opposite hand, gold doesn’t give enticing return in the long run and has excessive transaction price. Apart from retaining gold or actual property for personal use, investments in these two asset lessons do not make a lot monetary sense. But if you happen to select to cut 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 lessons.
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