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Gold Taxation

The document outlines changes in tax treatment for short-term and long-term capital gains on gold investments, including physical gold, gold mutual funds, gold ETFs, and sovereign gold bonds. Under the new tax treatment, gains realized within specified holding periods will be added to taxable income and taxed at applicable slab rates, with different rules for purchases made before and after certain dates. Long-term capital gains will also see adjustments in tax rates and indexation benefits based on the holding period.

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60 views2 pages

Gold Taxation

The document outlines changes in tax treatment for short-term and long-term capital gains on gold investments, including physical gold, gold mutual funds, gold ETFs, and sovereign gold bonds. Under the new tax treatment, gains realized within specified holding periods will be added to taxable income and taxed at applicable slab rates, with different rules for purchases made before and after certain dates. Long-term capital gains will also see adjustments in tax rates and indexation benefits based on the holding period.

Uploaded by

kartikay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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STCG

Investment Type
Old Tax Treatment New Tax Treatment

Holding Period - 2years Gains


Holding Period - 3years Gains realised within 2 years will be added
Physical Gold
realised within 3 years were added to taxable and taxed at applicable
to taxable and taxed at applicable slab rates
slab rates

Case 1: If the units were bought


between April 1, 2023, and March
31, 2025,the gains will be added to
the taxable income and taxed at the
Holding Period - 3years Gains
applicable income tax slab rates
realised within 3 years were added
Gold mutual fund (irrespective of the holding period).
to taxable and taxed at applicable
slab rates Case 2: If the units are purchased
after March 31, 2025, and sold
before 2 years, the gains will be
added to the taxable income and
taxed at the applicable tax slab
rates

Holding Period - 12 months Gains


Holding Period - 3years Gains
realised within 12 Months will be
Gold ETF realised within 3 years were added
added to taxable and taxed at
to taxable and taxed at applicable
applicable slab rates
slab rates
Holding Period - 12 months Gains
Holding Period - 3years Gains
realised within 12 Months will be
Sovereign Gold Bond realised within 3 years were added
added to taxable and taxed at
to taxable and taxed at applicable
applicable slab rates
slab rates
LTCG
Old Tax Treatment New Tax Treatment

Holding period- More than 2


Holding period- More than 3
years. Gains realised
years. Gains realised
after 2 years will be taxed at
after 3 years were taxed at
12.5% without indexation
20% with indexation benefit
benefit
Case 1: If the units were bought
between April 1, 2023, and
Case 1:If the units were
March 31, 2025,the gains will be
purchased before March 31,
added to the taxable income
2023, and sold after 3 years,
and taxed at the applicable
gains will be taxed at 20%
income tax slab rates
with indexation benefit
(irrespective of the holding
period).

Case 2:If the units were


Case 2: If the units are
purchased after April 1, 2023,
purchased after March 31,
the gains were added to the
2025, and sold after 2 years, the
taxable income and taxed at
gains will be taxed @12.5%
the applicable income tax slab
without indexation benefit.
rates.

Holding period- More than 12


Holding period- More than 3
months. Gains realised
years. Gains realised
after 12 months will be taxed at
after 3 years were taxed at
12.5% without indexation
20% with indexation benefit
benefit
Holding period- More than 12
Holding period- More than 3
months. Gains realised
years. Gains realised
after 12 months will be taxed at
after 3 years were taxed at
12.5% without indexation
20% with indexation benefit
benefit

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