How gold exchange traded funds (ETFs) are taxed.
Edited highlights
0:40 How investments in gold ETFs or gold exchange traded funds, are taxed
1:37 Gold ETFs are taxed as debt funds
1:39 For investments less than 3 years, your capital gains get added to your income, and get taxed at your income tax rate
1:51 For investments of more than 3 years, the capital gains are long term capital gains
2:02 You pay long term capital gains tax of 20% which is lower than the rate of 30% for the highest income tax slab
2:20 You pay long term capital gains tax of 20% which is lower than the rate of 30% for the highest income tax slab
2:38 Thus, you get a double benefit of lower tax rate and lowered capital gains thanks to inflation indexation