How are Sovereign Gold Bonds, gold jewellery and gold ETFs taxed? Know expert views
Gold jewellery (physical gold), Sovereign Gold Bonds (SGBs), and Gold Exchange Traded Funds (ETFs) are three popular ways of investing in gold. While investing in physical gold is an age-old practice, SGBs provide interest plus redemption. Gold ETFs, on the other hand, track the domestic gold price. If you invest in any of them and earn profits, you have to pay taxes in different forms. Through expert views, know how you will be taxed if you earn from investments in gold jewellery, SGBs, and gold ETFs.
Unlike tax on interest earnings from SGBs, capital gains tax arising on the redemption of SGBs to an individual has been exempt. Photo: Unsplash/Representational