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Diwali, the festival of lights, not only signifies cultural celebrations but also sparks a significant surge in loan demands, contributing to economic activity. In Maharashtra, this trend is pronounced, with increased requests for personal, gold, and consumer durable loans, portraying the festive season's substantial impact on various sectors and economic growth.
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Read MoreAs Diwali approaches, gold remains a favored investment in India, reflecting both cultural significance and financial prudence. However, understanding the tax implications is crucial when considering various gold investment options like physical gold, gold ETFs, Sovereign Gold Bonds, digital gold, and gold mutual funds. Each avenue carries distinct tax considerations, impacting investor returns.
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