Questions on Interest Rates and Taxation for Jewelry Pawn Shop in West Bengal

This query is : Resolved 

14 January 2024 Sir
I'm planning to start a jewelry pawn shop in West Bengal and obtain a pawnbroker's license. Can you guide me on the highest allowable interest rate under the license for providing gold loans? Additionally, I'm curious about the tax regulations surrounding the income earned from interest in this business. Your detailed insights would be highly appreciated.

14 January 2024 https://cleartax.in/s/gst-impact-on-gold

14 January 2024 https://tax2win.in/guide/tax-on-gold-jewellery-india




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