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Taxation

Tax Implications of Gold Investments: What Options do You Have?

As 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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Section 54F of the Income Tax Act Can Reduce Your Tax on Capital Gains

Navigating tax implications when constructing a new house with the proceeds from the sale of your old property? Here's a concise guide. Section 54F offers tax exemption, but timely completion is crucial. Learn about eligibility, required documentation, potential extensions, and the importance of seeking professional advice for a seamless process. Read on to know more about Section 54F.

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India Seeks to Equate Domestic Carbon Pricing with EU's Carbon Border Adjustment Mechanism

India is working on a domestic carbon pricing solution to align with the EU's Carbon Border Adjustment Mechanism (CBAM), a border tax on imports based on carbon emissions. This move aims to offset potential negative impacts on Indian businesses and ensure fair competition in the EU market. The implementation may involve a carbon tax or cap-and-trade system, signaling a shift toward sustainability

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