The sale of gold assets, be it fresh gold or inherited, is subject taxation under capital gains. It is better to understand the tax implications and calculate how much will be your actual gains before selling
Tax relaxation is provided to individuals or Hindu United Family (HUF) on capital gains arising out of the sale of residential property if the proceeds are invested in buying equity shares of a startup.
Under this scheme, government employees can opt to receive cash amounting to leave encashment plus 3 times the ticket fare (i.e. Rs 36,000 per person), to buy items that attract GST of 12 per cent or more