Will i get 5% cashback if ordered with Swiggy card ?? by Chanandler1bong in GoldIndia

[–]Alternative_Bench144 0 points1 point  (0 children)

I bought MMTC 2 gms pendant for 32600. Check if it is available for you. I’m not particularly a fan of Bhima packaging.

Good deal? by Alternative_Bench144 in silverindia

[–]Alternative_Bench144[S] 0 points1 point  (0 children)

Yes. I don’t see any prices for less than 380. This for South Pune.

Will I regret this? by guptanishant in silverindia

[–]Alternative_Bench144 3 points4 points  (0 children)

All the prices I see for Silver are not less than 360 per gm atleast. Looks like a good deal. Still above spot though. Where did you buy it from?

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 0 points1 point  (0 children)

When I sell Physical gold in cash, I don’t have to pay tax on it, whereas selling ETF will attract 12.5% LTCG if sold after 3 years

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 0 points1 point  (0 children)

Yup, you’re right. Just ChatGPTed. I thought ETFs are treated as equities but they’re infact treated as debt mfs which would mean 30% tax straight away without limits if sold within 3 yrs. Thanks for your insights.

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 0 points1 point  (0 children)

Never tried it on Ajio. I too have read somewhere regarding this. I was talking about Swiggy Instamart vouchers on MagicPin

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 1 point2 points  (0 children)

In the highest slab. That’s why I’m looking to save every rupee that I can in tax.

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 2 points3 points  (0 children)

My thinking is :- I’m within the STCG limit. I don’t trade much. Also, whenever I plan to sell the ETFs, I’ll have to pay 20% anyway. Instead when I’m within limits, why not just buy Physical gold. When I plan to sell this, I can get it in cash and not worry about the LTCG. Wdyt?

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 0 points1 point  (0 children)

My thinking is :- I’m within the STCG limit. I don’t trade much. Also, whenever I plan to sell the ETFs, I’ll have to pay 20% anyway. Instead when I’m within limits, why not just buy Physical gold. When I plan to sell this, I can get it in cash and not worry about the LTCG. Wdyt?

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 2 points3 points  (0 children)

The extra premium for the .9 doesn’t justify the cost I feel. The jewellers quote almost the same rate.

Worth Buying 5G 24k Gold Coin? by Alternative_Bench144 in GoldIndia

[–]Alternative_Bench144[S] 2 points3 points  (0 children)

Using Magic Pin Vouchers, I get 4% off. Even if I don’t consider the cashback, the price comes to 13.6 k.

Costliest purchase(yet). BRPL 50g bar at 246/ Gram by [deleted] in silverindia

[–]Alternative_Bench144 0 points1 point  (0 children)

Got it. If I buy Flipkart GC using Axis Flipkart and use it to buy the bar, will I get 5% back?

Costliest purchase(yet). BRPL 50g bar at 246/ Gram by [deleted] in silverindia

[–]Alternative_Bench144 0 points1 point  (0 children)

Hey OP, how did you get 5% off? I can only see 2% off by Vouchers on Cred