What are the tax implications on Gold ETF (Reliance Gold ETF and Kotak Gold ETF)?
- R.Parthasarathy
Gold ETFs are treated as non-equity investments and taxed accordingly. Short-term capital gains on units held for less than 36 months will be added to investor's income and taxed as per the applicable slab rate. Long term capital gains on units held for more than 36 months will be taxed at 20% after providing for indexation.
This article was originally published on September 01, 2015.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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