News From Press MC Review | Gold BeES gets budget boost: Should you invest?

MC Review | Gold BeES gets budget boost: Should you invest?

Source: Moneycontrol Jul 30, 2024

Gold Exchange-Traded Funds (ETFs) are now more appealing after Budget 2024. According to the new tax structure, the gain from the sale of units of gold ETFs will be subject to a capital-gain tax of 12.5 percent, if held for more than a year. Earlier, irrespective of the holding period, gains were taxed at the slab rates.

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