{"id":374,"date":"2015-09-25T12:11:17","date_gmt":"2015-09-25T12:11:17","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=374"},"modified":"2025-05-11T17:51:14","modified_gmt":"2025-05-11T17:51:14","slug":"capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget\/","title":{"rendered":"CAPITAL GAINS TAX RELIEF ON GOLD BONDS IS EXPECTED"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5415\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Capital-Gain..jpg\" alt=\"Redevelopment is taxable\" width=\"943\" height=\"415\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Capital-Gain..jpg 600w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Capital-Gain.-300x132.jpg 300w\" sizes=\"(max-width: 943px) 100vw, 943px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dbe86fd859b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dbe86fd859b\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget\/#CAPITAL_GAINS_TAX_RELIEF_ON_GOLD_BONDS_IS_EXPECTED_TO_BE_TAKEN_UP_IN_THE_NEXT_BUDGET\" title=\"CAPITAL GAINS TAX RELIEF ON GOLD BONDS IS EXPECTED TO BE TAKEN UP IN THE NEXT BUDGET\">CAPITAL GAINS TAX RELIEF ON GOLD BONDS IS EXPECTED TO BE TAKEN UP IN THE NEXT BUDGET<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget\/#Income_tax_rate_in_case_of_capital_Gain_regulation_in_India\" title=\"Income tax rate in case of capital Gain regulation in India\">Income tax rate in case of capital Gain regulation in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget\/#Ready_Recknor_for_calculating_capital_gains_tax_for_all_class_of_Assets\" title=\"Ready Recknor for calculating capital gains tax for all class of Assets.\">Ready Recknor for calculating capital gains tax for all class of Assets.<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/capital-gains-tax-relief-on-gold-bonds-is-expected-to-be-taken-up-in-the-next-budget\/#Short_Summary_on_Various_Exemptions_available_in_respect_of_Capital_Gains\" title=\"Short Summary on Various Exemptions available in respect of Capital Gains\">Short Summary on Various Exemptions available in respect of Capital Gains<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"CAPITAL_GAINS_TAX_RELIEF_ON_GOLD_BONDS_IS_EXPECTED_TO_BE_TAKEN_UP_IN_THE_NEXT_BUDGET\"><\/span><span style=\"color: #000080;\"><strong>CAPITAL GAINS TAX RELIEF ON GOLD BONDS IS EXPECTED TO BE TAKEN UP IN THE NEXT BUDGET<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"text-align: justify;\">\n<li>Capital gains tax relief on gold bonds is expected to be taken up in the next budget.<\/li>\n<li><strong>CBEC has made<\/strong> <strong>Custom Duty Free Allowance to Rs.45000<\/strong> for passengers of Indian origin and foreigners of over 10 year of age residing in India. <strong>Notification No.76\/2015.<\/strong><\/li>\n<li>The Central Board of Direct Taxes (CBDT) has issued guidelines for compounding of offences under Income Tax Act, 1961 and Wealth Tax Act, 1957 in cases of persons holding undisclosed foreign bank accounts\/assets.<\/li>\n<li>Duty free limit of Indian Currency that can be brought in India<strong> has been increased from Rs.10000 to 25000 in FORM 1. Notification No.76\/2015<\/strong>.<\/li>\n<li>Time barred assessment cannot be reopened for non satisfaction of conditions for reopening<\/li>\n<li>Procedure for filing applications under MEIS and SEIS by units located in SEZs and EOUs has been further clarified by DGFT by <strong>Public Notice No 30\/2015-20 dated 26\/07\/2015.<\/strong><\/li>\n<li>DG-RBI has urged banks to be sensitive towards the life cycle needs\u00a0of their MSME clients and develop products that are suitable to their\u00a0requirements for working capital and for capital expenditure\u00a0purposes.<\/li>\n<li>No Service Tax on the amount received as a wharfage charges-\u00a0<strong>[CCE vs M\/s Gujarat Maritime Board- Supreme Court].<\/strong><\/li>\n<li>Re-insurance service is an input service for providing output service of life insurance<\/li>\n<li>MCA has notified the\u00a0amendments in Schedule III to the Companies Act, 2013\u00a0to protect the interest of the micro,\u00a0small\u00a0and\u00a0medium\u00a0enterprises.<\/li>\n<li><strong>Schedule-II to the Companies Act 2013 on depreciation is applicable w.e.f. 01.04.2014 (FY 2014-2015) except the Component accounting (w.e.f. 01.04.2015).<\/strong><\/li>\n<li>SEBI notifies revised Listing Regulations &amp; Disclosure Requirements on September 2, 2015 vide<strong> Notification no SEBI\/LAD-NRO\/GN\/2015-16\/013.<\/strong><\/li>\n<li>SEBI has issued\u00a0circular relating to the Continuous Disclosure Requirements for Listed Entities, <strong>under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015<\/strong><\/li>\n<li>SEBI has amended the delisting guidelines and released\u00a0the Securities and Exchange Board of India (Delisting of Equity Shares) (Second Amendment) Regulations, 2015.<\/li>\n<li>RBI is likely to remove a major hurdle that asset reconstruction companies ( ARCs) face while raising funds via initial public offering.<\/li>\n<li>SEBI has amended the regulations relating to Alternate Investment Fund and\u00a0the SEBI (Alternative Investment Funds) Reg, 2015\u00a0which shall come into force on the date of their publication in the official gazette.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Income_tax_rate_in_case_of_capital_Gain_regulation_in_India\"><\/span><a href=\"https:\/\/carajput.com\/publications\/income-tax-rate-in-case-of-capital-gain-regulation-in-india.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/publications\/income-tax-rate-in-case-of-capital-gain-regulation-in-india.pdf\"><strong>Income tax rate in case of capital Gain regulation in India<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Ready_Recknor_for_calculating_capital_gains_tax_for_all_class_of_Assets\"><\/span><a href=\"https:\/\/carajput.com\/publications\/ready-recknor-for-calculating-capital-gains-tax-for-all-class-of.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/publications\/ready-recknor-for-calculating-capital-gains-tax-for-all-class-of.pdf\"><strong>Ready Recknor for calculating capital gains tax for all class of Assets.<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Summary_on_Various_Exemptions_available_in_respect_of_Capital_Gains\"><\/span><span style=\"color: #000080;\"><strong>Short Summary on Various Exemptions available in respect of Capital Gains<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8137\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/photo_2024-11-09_13-22-38.jpg\" alt=\"Short Summary on Various Exemptions available in respect of Capital Gains\" width=\"1051\" height=\"2336\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/photo_2024-11-09_13-22-38.jpg 576w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/photo_2024-11-09_13-22-38-135x300.jpg 135w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/photo_2024-11-09_13-22-38-461x1024.jpg 461w\" sizes=\"(max-width: 1051px) 100vw, 1051px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9055\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold.jpg\" alt=\"Real vs. Fake Gold\" width=\"1280\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Real-vs.-Fake-Gold-800x800.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9056\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold.jpg\" alt=\"Jeweller's won't tell you this before buying gold\" width=\"1280\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/09\/Jewellers-wont-tell-you-this-before-buying-gold-800x800.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p style=\"text-align: justify;\">The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional endeavors. For query or help, contact:\u00a0<a href=\"mailto:info@carajput.com\">singh@caindelhiindia.com<\/a> or call at 9555 555 480.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAPITAL GAINS TAX RELIEF ON GOLD BONDS IS EXPECTED TO BE TAKEN UP IN THE NEXT BUDGET Capital gains tax relief on gold bonds is expected to be taken up in the next budget. CBEC has made Custom Duty Free Allowance to Rs.45000 for passengers of Indian origin and foreigners of over 10 year of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[142],"tags":[555,502,501,413,550],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/374"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=374"}],"version-history":[{"count":6,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/374\/revisions"}],"predecessor-version":[{"id":9058,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/374\/revisions\/9058"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}