Gold investment: An individual has to pay 3% GST on the gold value if he or she wants to invest in physical gold.
ITR: Investing in gold via sovereign gold bonds will attract a different tax liability compared to purchasing physical gold.
“Digital gold units are not issued by any regulated entity," said Vijay Singhania, Chairman, TradeSmart.
An individual can invest in gold both physically and virtually and each of the means entail a cost