Tax on Gold and Real Estate
Tax on Gold and Real Estate https://www.fundstiger.com/tax-gold-real-estate/ The two physical asset classes of real estate and gold have for long been considered safe havens by Indian investors, and are usually a very large chunk of portfolios. While financial products are gaining ground with investors, real estate and gold continue to hold strong. In fact, to unlock the value from the physical gold that many Indians hold and to reduce gold import, the government launched the Sovereign Gold Bonds and Gold Monetization Scheme in 2015. In the past few years, real estate investments too have witnessed a steady decline as capital values have remained stagnant. Real estate and gold have traditionally formed a large chunk of Indian investors’ portfolios. However, over the past few years, returns from them have been poor to negative. Apart from keeping gold or real estate for self-use, investments in these two asset classes doesn’t make much economic sense. But if you choose to redu...