Taxation on Gold Investments: A Comprehensive Guide

Physical Gold Taxation: Capital Gains apply, with Long Term Capital Gains (LTCG) taxed at 20% with indexation benefits. Short Term Capital Gains (STCG) taxed at slab rates. Paper Gold Taxation: Gold ETFs and Mutual Funds taxed similarly to physical gold. Sovereign Gold Bonds (SGBs) taxed as Other Income (IFOS), with exemptions after 8 years.

Digital Gold Taxation: Capital Gains tax applies, with LTCG taxed at 20% and STCG at slab rates. Gold Derivatives Taxation: Treated as Non-Speculative Business Income, taxable at slab rates with deductible expenses.

Taxation on Gift or Inheritance of Gold: Tax-exempt for relatives, taxable for non-relatives above INR 50,000, with exceptions for marriage ceremonies. Tax Rules for NRIs: Similar to residents, except for SGB investments, with TDS on Gold ETFs or Mutual Funds.

Reporting and Loss Treatment: Use ITR-2 or ITR-3 for reporting, with losses carried forward for up to 8 years. Tax Saving Strategies for LTCG: Explore exemptions under Section 54EE and Section 54F for long-term gains.