the Qs
the Qs
I am planning to purchase gold now for my marriage in 2026. After the new budget,. What will be my taxation on such purchases?
If you're buying gold now for your marriage in 2026, here’s how the new budget affects its taxation: The holding period for long-term capital gains (LTCG) on physical gold has been reduced from 36 months to 24 months. If you sell the gold within 24 months, the gains will be taxed according to your income tax slab. However, if sold after 24 months, the gains will be taxed at a flat rate of 12.5% without indexation benefit, replacing the previous 20% rate with indexation benefits. This means you won’t get inflation-adjusted benefits, which could lead to higher taxable gains despite the lower rate.
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the Qs
I am planning to purchase gold now for my marriage in 2026. After the new budget,. What will be my taxation on such purchases?
If you're buying gold now for your marriage in 2026, here’s how the new budget affects its taxation: The holding period for long-term capital gains (LTCG) on physical gold has been reduced from 36 months to 24 months. If you sell the gold within 24 months, the gains will be taxed according to your income tax slab. However, if sold after 24 months, the gains will be taxed at a flat rate of 12.5% without indexation benefit, replacing the previous 20% rate with indexation benefits. This means you won’t get inflation-adjusted benefits, which could lead to higher taxable gains despite the lower rate.
Wait..would you like to get more like this?
Join 12,000+ readers who receive our insights decoding Personal Finance twice a week, so you can make the most out of your money.
No Spam. Only Finance
No Spam. Only Finance
Recent Posts
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Exploring the highest and lowest income tax rates across G20 countries and discovering how different nations tax their citizens, with India's highest rate at 30%.
Index funds make investing easy by tracking a market index, helping your money grow steadily. They offer lower fees and built-in diversification, providing a simple way to build long-term wealth.
Honestly, on the conservative side, one should have at least 12 months worth of living expenses as emergency savings and you cannot just create this once and forget about it.…
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