Is indexation still available on gold jewellery?

I have some gold jewellery that I plan to sell. Will I get indexation benefits when calculating capital gains tax on the sale? - Joseph Erinjery No, indexation benefits are no longer available on gold jewellery. For those unaware, indexation reduced the tax outgo, as it adjusted the purchase price with inflation. Returning to your question, Mr Erinjery, the tax treatment now depends on the holding period: If held for more than two years, gold is taxed at 12.5 per cent, as long-term capital gains (LTCG), but without indexation benefits. If sold within two years,

This article was originally published on March 17, 2025.