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How AI is Reshaping Our World: Opportunities and Challenges

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Artificial Intelligence (AI) is significantly transforming industries, economies, and daily life. Its ability to process vast amounts of data, learn from patterns, and make intelligent decisions is driving innovation across sectors like healthcare, finance, manufacturing, marketing, and logistics.

AI also plays a major role in improving customer experience through chatbots, recommendation engines, and real-time support. In education, AI-powered platforms personalize learning experiences to meet individual student needs. However, with its rapid growth, AI raises ethical concerns such as data privacy, job displacement, and algorithmic bias. While it streamlines processes and creates new opportunities, it also necessitates thoughtful regulation and responsible use to ensure it benefits society as a whole.

CBDT Regulations regarding Gold: The Board of Direct Taxes (CBDT) has set rules about how much gold individuals can possess. If you purchased gold using your declared income or inherited it, you won't be taxed. However, if you sell gold, you will be subject to capital gains tax based on how long you held it.

Tax Rules on Gold

  • Married women can hold up to 500 grams of gold.
  • Unmarried women can hold up to 250 grams of gold.
  • Men can hold up to 100 grams of gold.
  • Selling gold after 3 years incurs a 20% long-term capital gains tax.
  • Selling gold within 3 years means taxation based on your income slab.