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.