The Gold ETF is classified under mutual fund and will be taxed as per
non equity mutual fund taxation rules. Gains from Gold ETF will have the same treatment as Debt MFs.Investor investing in Gold ETF need not pay wealth tax. Investor has to pay taxes after redemption as per the tax laws applicable for non equity mutual fund. But, when the Gold ETF is redeemed for physical gold the taxation rules will be similar to that of physical gold.
Short Term Capital Gain Tax -------------------As per Income Tax Slab
Long Term Capital Gain Tax------------------------Less of 10% without indexation or 20% with indexation which ever is lower +3%cess
Dividend Distribution Tax-------------------------**13.519 (2011-12)
**Dividend Distribution Taxes indicated above are inclusive of additional surcharge and cess.
Also refer
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