Gold tax rate in kerala
Gains on collectibles held for less than one year are taxed as ordinary income - the same tax treatment as short-term capital gains. Gains on collectibles that are held for more than one year are treated as long-term and taxed at a maximum rate of 28%. So if you are in a federal tax bracket of 28% or greater, Update with gold rate today (16th March 2020) & last 10 days gold price in India, based on rupees per gram for 24 & 22 Carat/Karat in major Indian cities.