The gains on capital assets are taxed under I T Act. Both physical gold and Gold ETF units are assets under Income Tax Laws. So , sale of these assets gives rise to capital gains or loss. The question is if you have to invest in gold, what should be invested- gold ETF units or...
Four answers to simplify what is Gold ETF !
January 8, 2011 by
Gold ETF means Gold Exchange Traded Fund . In simple terms , it is a mutual fund for gold , like the mutual fund which invests in shares on your behalf. This mutual fund- i.e Gold ETF – buy gold and safe keep it on your behalf.When you want to sell , you can sell...
5 Things to Know before you buy Insurance
December 22, 2010 by
Today young people have more surplus money, have higher aspirations and responsibilities and are more responsible. So it might be useful for you to get some distilled knowledge and experience on the subject of buying insurance. Here are a few things that you need to keep in mind before you buy insurance. This article is...
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