Capital gains tax: GK, Current Affairs, Questions, Trivia and News

RBI announces sale of Sovereign Gold Bonds

The Reserve Bank of India (RBI) announced the issue of Sovereign Gold Bonds (SGBs) on behalf of Government of India. Sovereign Gold Bonds Sovereign Gold Bonds are government securities denominated in grams of gold. They were introduced as substitutes for holding physical gold. The bonds will be restricted for sale to resident individuals, HUFs, trusts, ..

Capital Gains versus Capital Receipts

Capital gain refers to the gain or profit from the sale of property or an investment. Investment may be in shares, equity, gold, real estate or valuables like paintings {a prelims question was asked if investment in paintings is a capital gains tax} etc. Difference between Capital Gains and Capital Receipts Though they sound alike, capital gains and ..

Long Term Capital Gains

Capital gain refers to the gain or profit from the sale of property or an investment. Investment may be in shares, equity, gold, real estate or valuables like paintings. Capital Gains tax is of two kind viz. Short term and long term. Current policy of the government is that while there is a 15% tax on short ..