No purchase bill for inherited gold? Here's how to calculate tax
Inherited jewellery may be tax-free when received, but selling it can trigger capital gains tax. The acquisition cost, holding period and sale price determine the tax bill.
Similar Posts
No smartphone, no internet? PhonePe launches new UPI service for feature phone users
PhonePe has launched a new UPI payment service that enables people using feature phones to carry out digital transactions without an internet connection. Called PhonePe UPI 123Pay, the service uses the company’s proprietary technology and an SMS-based system to facilitate payments, including in areas where 2G connectivity is limited. According to news agency PTI, PhonePe…
Did this Ashish Kacholia-backed multibagger stock really crash 81% in one day? Here’s how the bonus math works
Shares of wires and cable-maker V Marc India turned ex-bonus on Tuesday, making the ace investor Ashish Kacholia-backed stock appear to have crashed 81% in a single day when in reality it only adjusted for the 5:1 bonus issue. Shares of V Marc India opened at Rs 291.50 apiece on NSE, sharply lower than Monday’s…
Mutual fund, SIP investment: Large-cap vs small-cap — Where to invest new money this Diwali, Dhanteras? Experts views
As people receive bonuses or look to invest more around Diwali, two mutual fund categories are locked in a tug-of-war: large-cap and small-cap funds. According to AMFI data, large-cap funds received inflows of around ₹859 crore in September 2026 after witnessing outflows in July and August. Meanwhile, small-cap funds continued to lead in inflows and…
Gold, silver recover after crash: What drove the fall, why prices recovered and what you should watch next | Explained
Gold and silver prices rose on Thursday, October 15, after falling for three consecutive days, offering some relief after a sharp selloff. Gold prices rose 0.64% to $4,138.34 per ounce (at the time of writing), recovering from Wednesday’s 1.11% decline. Silver prices gained 0.37% to $55.944 per ounce after plunging 6.29% the previous day. Here’s…
EPF withdrawal rules: What happens if you withdraw full amount due to unemployment and later get a new job
Losing a job and being unable to find another one, or staying out of the workforce due to other issues for a long period can put pressure on your savings, including the money accumulated in your Employees’ Provident Fund (EPF) account. For members facing an extended spell of unemployment, withdrawing the accumulated PF balance can…
Cupid shares rally 16% in two sessions. What’s behind the sharp uptick in the multibagger stock?
Shares of Cupid rallied as much as 7% to their day’s high of Rs 307 on the NSE on Wednesday, after the company entered the Nifty Smallcap 250 index today as part of the NSE’s latest semi-annual rejig. With Wednesday’s surge, the stock is up 16% in two sessions. Cupid has been among the standout…
