Financial

Calculating your Old Gold Jewellery Value

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Its quite possible that you have old gold Jewellery that you would either like to sell back to the Jeweller or have it Exchanged for a newer Jewellery.  Below are the norms used in valuation of any old gold Jewellery by the jewellers.   BIS Hallmark’ed OLD Gold Jewellery: In case of the BIS Hallmark gold Jewellery, you’ll get the full value of your gold at the prevailing market prices on that day.  There will be no depreciation of the gold purity in case of BIS Hallmark. Also, as you pay VA (wastage charges)  during the initial purchase of your […]

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Financial

Considerations for purchasing Gold Jewellery

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Buying, Selling or Exchanging Gold Jewellery implies certain significant charges apart from the actual gold price. Here are some of the basic details about considerations to be made during a Gold Jewellery purchase.  I’ve also included a table of comparison of all these factors across three Jewellers that I visited on 20-09-2015. Gold Purity: Pure Gold: Most of us have heard mention about the 24 Karat or Pure Gold.  The 24 Karats or Pure gold does not contains any impurities in it.  The pure gold usually be softer and thus requires alloying to give strength to the items made out […]

Financial

Pay your income tax yourself (Self Assement Tax) online

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Requirement: When you are a salaried employee, your employer usually deducts the tax as TDS from your salary.  However, I you have additional earnings then you require to show up them while filing the IT returns and pay the liable tax by yourself.  The very common additional income includes interest you earned on your Fixed Deposits in the bank.  Usually your bank deducts the tax for the interest at flat 10%, but if your earnings fall under 20% slab then you need to pay the remaining 10% tax on the interest you earned.  You can pay Income tax in India […]