People in India celebrate Dhanteras, which marks the beginning of the five-day Diwali festivities, by buying gold, silver and metal utensils. At a time when silver prices are at an all-time high in India , it might make sense to buy silver utensils, because they might help save on tax. That's because the sale of silver coins and bars attracts long-term or short-term capital gains tax, while tax-free money can be made from the sale of silver utensils. Here's the hack.

This is an intriguing idea and even chartered accountants and tax experts were forced to put on their thinking hats when asked to comment on the taxability of income made from the sale of silver utensils bought for personal use. Silver has emerged as a much-discussed precious metal on Dhanteras 2025 with its price ris

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