The Unified Pension Scheme (UPS) integrates various pension plans into a unified system, offering flexibility in contributions, government support, and diverse investment options. It caters to both organized and unorganized sector employees, ensuring financial stability during retirement.
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.
SBI Gold Loan offers a convenient way to secure funds by pledging gold. The State Bank of India (SBI) offers gold loans with interest rates ranging from 8.55% to 10.25% per annum
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.
