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Tax And Gold ETFs

Gold exchange traded funds (ETFs) are subject to relevant taxes

I want to invest in gold. I have thought about gold exchange traded funds (ETFs), but I need to know whether their returns after one year are taxable or not?

Dr. Mehul Porecha

From tax point of view, gold ETF's are considered as debt funds. Since debt funds attract both dividend distribution tax (12.5%) and capital gains tax - short-term (as per income slab) and long-term (20% with indexation and 10% without indexation)- hence, your investment will also be subject to the same.

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