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diamond jewellery

Planning to sell your gold, diamond, silver, and other jewellery? Know income tax rules here | Mint
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Planning to sell your gold, diamond, silver, and other jewellery? Know income tax rules here | Mint

TheSpuzz Desk6 months ago04 mins

Source: Live Mint Is long-term capital gain from the sale of jewellery taxable for an individual whose income is lower than the basic exemption limit? If yes, what is the rate of tax on such capital gains? Answer: Jewellery is treated as a capital asset, and any profit made from the sale of a capital…

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