Selling Gold? Know Your Tax: STCG, LTCG, SGBs & More Explained

• Tax on gold/silver sales depends on holding period: Short-term (STCG) if held < 24 months, Long-term (LTCG) if > 24 months.
• STCG is taxed as per your income tax slab rate; LTCG is 12.5% or 20% with indexation for physical gold purchased before July 23, 2024.
• Sovereign Gold Bonds (SGBs) offer tax-free profit on maturity (8 years); interest is taxed as 'other income'.
• Digital gold and ETFs follow similar STCG/LTCG rules as physical gold.
• TDS applies on sales > Rs. 50 lakh; gift tax on gold > Rs. 50,000 (with exceptions); inherited gold taxed on sale.

Why It Matters: Understand gold tax rules (STCG, LTCG, SGBs) before selling to optimize your profits.