Everyone loves gold for the value it brings. Additionally, the sheen of the yellow metal has been the reason so many people buy it on religious occasions. This explains why many people;

- Put a part of their earnings into jewelry, coins, and ingots every year
- Alternatively, some pay for digital gold through mobile wallets
- There is another way of investing in gold by parking money in paper gold forms including gold exchange-traded funds (ETFs), gold mutual funds, and Sovereign Gold Bonds (SGBs)

However, keeping gold in physical form can be a cumbersome affair, thus, hinting at the need to invest in paper or digital gold. Other than safety concerns, the primary reason for investing in gold through the web can be attributed to convenience. However, not many realize that they benefit on the taxation front too. This is because the rules governing taxation are not uniform across the various ways that one can park their money in gold. Let's have a look at this video to see how they are taxed differently.

#taxinggold #finance #gold #mint

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