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New Income Tax Rules On Gold

New Income Tax Rules On Gold

Thursday, December 8, 2016, 1:23 PM

You can hold gold jewelry and ornaments up to any limit, provided this gold is bought from disclosed income and even your inheritance is considered. There will be no seizure of gold jewelry and ornaments up to 500 grams for married lady, 250 grams for unmarried lady and 100 grams for the male member of a family, during an income tax raid.
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