Tag Archives: capital gains tax

Tax Implications on your Groovy Second Home

Humankind has spread its wings and made the moon its second home. While there are no tax implications of that (not yet at least!) there certainly are tax implications on your second home here on earth. We unlock the tax dreadlock for you. Tax implications for multiple properties Before getting into the details of tax… Read More »

Selling inherited gold? Pay tax!

To decide whether the gold is long or short term asset, find out how long have held it. If your holding period is over 36 months, it is considered as a long term asset, and accordingly long term capital gains (LTCG) tax rate is charged. If you have held it for less than 36 months,… Read More »