As digital gold continues to gain traction across India’s investment landscape, regulators and tax experts are urging investors to fully understand the taxation framework and the risks associated with an increasingly popular yet largely unregulated product. The Securities and Exchange Board of India (SEBI) recently issued a fresh advisory warning consumers that digital gold does not fall under its jurisdiction, nor is it governed by the Reserve Bank of India (RBI) or any recognised commodity exchange. This leaves a vacuum of investor protection at a time when digital-gold transactions are hitting record highs. Advertisement

According to Sujit Bangar, Founder of TaxBuddy.com, Indians purchased over Rs 9,000 crore worth of digital gold over the past nine months. Monthly purchases surged fr

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