Gold investment: What do you need to know when you are selling your gold jewellery, Gold ETFs

Gold investment: What do you need to know when you are selling your gold jewellery, Gold ETFs

The capital gains taxation rules on gold saw significant alterations from July 23, 2024. These changes affect all asset classes, including gold, mutual funds, and real estate, substantially impacting investors and sellers of gold jewellery. The adjustments were introduced to harmonise tax treatments across various investment categories, bringing clarity and uniformity to the taxation process … Read more

SEBI introduces Specialised Investment Funds for wealthier investors with minimum Rs 10 lakh investment

SEBI introduces Specialised Investment Funds for wealthier investors with minimum Rs 10 lakh investment

The Securities and Exchange Board of India (SEBI) has introduced a new investment category dubbed the ‘specialised investment fund’ (SIF) designed for wealthier investors. This initiative, effective from April 1, requires a minimum investment of Rs 10 lakh. SEBI’s move aims to cater to investors with higher risk appetites while providing asset managers with over … Read more