April 26, 2025
Gold Investing

Prices soar but gold still tops investment

GEORGE TOWN: Buy low, sell high; buy high, sell higher. It almost seems like this is the motto of gold buyers who are still investing in the precious metal despite soaring prices. “There is no ‘highest’ as it will only go higher,” said gold jewellery trader Lee Theam Loong here. The 55-year-old said while many

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Tangible Assets

How pure is gold bought during festival & wedding rush? 5-point action plan being designed, say sources

Physical Gold, 24 Carat Purity Gold: The government is learned to be working on a five-point action plan to ensure the genuineness and purity of gold sold in the domestic market, in order to ensure that consumers are not cheated, people in the know of the development told Zee Business. Typically, demand for precious metals

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Fixed Assets

Capital gains tax framework completely overhauled: Changes that can hurt you, measures that can lower your tax

The Union Budget 2024-25 has completely overhauled the capital gains tax framework. Some measures may hurt badly. Homeowners will no longer get the indexation benefit on sale of property, while gains on sale of stocks and equity funds will now attract a higher tax. However, the Budget offers some sops as well. The exemption limit

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