Capital Gains Tax on ₹5 L — Gold
₹5 L long-term capital gain from Gold attracts ₹65,000 tax at 12.5%.
1 yr 6 mo
Long-Term Capital Gain (LTCG)
+₹3.00 L
Tax Rate
12.5%
Tax Amount
₹22,750
Net Gain
₹2.77 L
Breakdown
Capital Gain: ₹3.00 L
Exemption: −₹1.25 L
Taxable: ₹1.75 L
Tax (12.5%): ₹21,875
Cess (4%): ₹875
💡 Tax on ₹5 L Gold Capital Gain
A ₹5 L long-term capital gain from Gold (held for 30 months) is taxed at 12.5%. There is no LTCG exemption for Gold.
Tax = 12.5% × ₹5 L = ₹62,500 + 4% cess (₹2,500) = ₹65,000. Your net gain after tax: ₹4.35 L.
₹5 L LTCG on Gold → Tax: ₹65,000 | Net gain: ₹4.35 L.