Who knew Grandma’s silver thali could beat the taxman? Yes, silver utensils may be the smartest investment hack.
This Dhanteras, Indians are looking at silver utensils not just for tradition but also for smart savings. With silver prices shining brighter than ever, there’s a surprising loophole Indians are eyeing this Dhanteras: silver utensils instead of coins!
- Silver utensils used for dining or puja, which are considered for personal use. It means no capital gains tax if you sell them.
- Silver coins and bars attract capital gains tax.
- To stay exempt, you must show they’re used at home, not stored for profit.
- Keep bills or photos as proof if the tax department asks.
👉 Why this matters: Using silver for daily life, not just investment, could help people save tax while silver prices rise.
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