India Coins
May 31st, 2011
Are investments in gold coins/biscuits subject to capital gains tax in India?
As per the IT Act in India jewellery is considered as a capital asset. Will gold coins/ biscuits be considered as jewellery or will it be considered as just a personal effect. If not, will such gold become a part of wealth to be taxed under wealth tax ?
Check here
http://www.rediff.com/money/2007/mar/09gold.htm
Capital gain tax is around 20 to 30% (Gold ETF, Physical gold)….
indiacoins.mpg
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Fast Weigh MS-500-BLK Digital Pocket Scale, 500 by 0.1 G $4.50 Introducing the M-500 from Fast Weigh Scales! This hip little scale is one of the hottest and most economical scales on the market today! The removable cover keeps the scale protected when not in use and also doubles as an expansion tray. Just replace the plastic cover when your done using it, and you can safely toss the scale in your handbag or pocket with no worries. Features: * A stylish yet ec… |
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Antique Early Victorian Transferware / Flow Blue Plate Tiger Hunt Pattern … |
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Counter commemorating the survival of the East India Company following the Photo Mugs Counter commemorating the survival of the East India Company following the collapse of John Laws enterprises. Obverse Bust of Admiral Louis Alexandre de Bourbon, Comte de Toulouse (1678-1737) (right). Reverse A stormy sea above, the full moon surrounded by clouds….. |
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Greatest Hits of the Baroque $92.98 … |
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Honeywell RCWL300A1006 Premium Portable Wireless Door Chime and Push Button $29.95 The Honeywell RCWL300A P3 Premium Portable Wireless Door Chime and Push Button makes it easy to replace your home’s generic doorbell ring with a chime tune that better fits your individual style. This chime is also compatible with a wide range of optional security accessories that can help you safeguard your home and family, and it comes complete with a pre-programmed bell push button. .caption … |
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Lasko 5365 Ceramic Pedestal Heater with Remote Control $47.99 Need more from your portable heater? This 30? Space-Saving Pedestal Heater delivers warm air where it is needed most during the winter months?all over! Its elevated design and oscillation combine to deliver warmth evenly throughout your entire room while only using one square foot of floor space. Create your own personal comfort level with its precise digital thermostat and your choice of three di… |
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LED Reading Light, Energizer Trim Flex, Uses 2 3V Lithium Coin – Included EVEFNL2BU1BP $7.49 Flexible reading light. Flexible reading light. Versatile spring clip. 30 hour run time between battery changes. Uses two 3V lithium coin batteries CR2032 -included…. |
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