STCG on ETF gold & silver


This query is : Resolved 

20 June 2026 R/sir

I have been sale and purchase of under mentioned ETF gold and silver :-
1.ICICI PRUDENTIAL MUTUAL FUND MUTUAL FUND GOLD EXCHANGE TRADED FD OP(INF109KC1NT3) ( class type showing in AIS is Unit of Equity Oriented Mutual Fund (STT not Paid)
2.HDFC MUTUAL FUND HDFC GOLD EXCHANGE TRADED FUND(INF179KC1981)( class type showing in AIS is others units) STT paid
Query:- What is short term capita gain tax rate on above both condition 20% or Tax slab rate
Thanks



21 June 2026 For both Gold ETF investments, any short-term capital gains (holding period of 12 months or less) are taxed at your individual income tax slab rate. The flat 20% rate does not apply because Gold ETFs are commodity-backed instruments, not equity funds, regardless of any systemic misclassifications showing up in your AIS.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query