Capital Gains on Gold Sale Calculator

Physical gold sale tax — STCG at slab (holding <36 months), LTCG at 12.5% (post-July-2024 rule for holding >36 months). Optional indexation for old regime pre-July-2024 buys.

Inputs

010M
016M
1600

Result

Total tax on gold sale
₹39,000
  • Purchase price₹500,000
  • Sale price₹800,000
  • Capital gain₹300,000
  • Gain typeHeld >36 monthsLong-term (LTCG)
  • Tax rateLTCG post-July-2024 rule12.50%
  • 4% cess₹1,500
  • Net gain (after tax)₹261,000
  • Effective tax rate on gain13.00%

How to use this calculator

  • Enter purchase price (include making charges + GST).
  • Enter sale price (net of jeweller haircut).
  • Enter holding period in months.
  • Choose your tax slab (for STCG only).
  • Read total tax + net gain.

About this tool

Sale of physical gold in India attracts capital gains tax. Holding >36 months = LTCG at flat 12.5% + 4% cess (post-July-2024 rule; earlier was 20% with indexation). Holding <36 months = STCG at your slab rate. Making charges paid at purchase can be added to cost of acquisition. Physical gold typically loses 5-10% on resale due to jeweller's making-charge deduction — factor into sell price. Compare with Sovereign Gold Bonds where LONG-TERM capital gain at maturity is TAX-FREE under Section 47(viic) — dramatically better for long-term gold exposure.

Frequently asked

Post 23-July-2024 Union Budget: 12.5% flat + 4% cess = 13% effective. Indexation benefit REMOVED. This applies to physical gold, gold ETF, gold mutual funds. Sovereign Gold Bonds held to maturity remain fully tax-free.

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