Gold conversion tax rates are 20.8% for both long-term (held 36 months or more) and short-term (held less than 36 months) capital gains. This applies to digital, physical, and paper gold alike.

Each type of gold investment has its pros and cons. Physical gold is tangible and safe but can be costly to buy and store. Electronic gold is affordable and convenient but can be more volatile in price.

A gold loan can impact your CIBIL score positively if you make repayments diligently. Timely payments can help improve your credit score, making future financial transactions easier and more accessible.

When considering quick funds, gold loans, and personal loans are popular options. Both have unique benefits and drawbacks.