The profit from the sale of any asset is a capital gain and has to be mentioned in the tax return. The tax on capital gains depends on the holding period and the asset class. Here's a ready reconer on the tazation of different capital gains.
Reference: Economics Times.
Reference: Economics Times.
| Asset | Holding Period | Type of Gain | Tax Rate |
|---|---|---|---|
| Stocks, equity funds and balanced funds | Less than 1 year | short term | 15% |
| 1 year and above | Long term | Nil | |
| Debt funds, debt-oriented hybrid funds | Less than 1 year | short term | Added to income and taxed at normal rate |
| 1 year and above | Long term | 10% flat or 20% with indexation | |
| Gold(physical) | Less than 1 year | short term | Added to income and taxed at normal rate |
| 3 years and above | Long term | 20% with indexation | |
| Gold ETF | Less than 1 year | short term | Added to income and taxed at normal rate |
| 1 year and above | Long term | 10% flat or 20% with indexation | |
| Real Estate | Less than 1 year | short term | Added to income and taxed at normal rate |
| 3 years and above | Long term | 20% with indexation |
