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Inherited Gold Jewellery: No Tax on Receipt, Check Your Holdings
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Gold Tax Guide: Understand Tax Rules for Physical Gold, ETFs, SGBs, and Inherited Gold
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News18
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20-02-2026, 17:16
Gold Tax Guide: Understand Tax Rules for Physical Gold, ETFs, SGBs, and Inherited Gold
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Different forms of gold (physical, ETFs, SGBs, inherited) have varying tax implications in India.
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Physical gold incurs 3% GST on value and 5% GST on making charges; capital gains tax applies upon sale.
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Gold ETFs have no initial GST, but capital gains tax applies upon sale, similar to physical gold.
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Sovereign Gold Bonds (SGBs) offer significant tax benefits: no GST on purchase, and capital gains are tax-exempt if held until 8-year maturity.
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Inherited gold is tax-free upon receipt; tax only applies when sold, with the original owner's holding period considered for capital gains.
Read Full Article on News18 in Telugu
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