Buying gold during Dhanteras has been a tradition in India & most people prefer to invest in physical gold which involves purity concerns and making charges. However, it’s time for you this festive season to make a smarter choice and move to options that are not only convenient & hassle-free but also carry many more benefits.
Why should you move beyond the traditional way of investing in Gold
Investment in gold need not be in physical forms only and it can be through mutual funds, ETFs and digital ways too. In addition to being convenient, these options carry the following major additional benefits :
For the Physical Gold: Do note that hallmarking is now compulsory and this is what the three symbols of hallmarking means.
Taxation on the gains from Gold investments: This is how your investments in gold will be taxed, wherein paper and digital forms of gold are much more cost effective and tax efficient.
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Wishing you a very happy Dhanteras, Happy Diwali and Happy Investing!!