Free calculator · India tax rules
Capital gains tax on silver calculator
Estimate the tax on selling physical silver or a silver ETF under the rules that apply to sales on or after 23 July 2024.
Estimated tax
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- Type of gain
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- Capital gain
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- Tax rate applied
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- Cess (4%)
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- You keep after tax
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Long-term after 24 months for physical silver and 12 months for silver ETFs, taxed at 12.5% without indexation.
The rules in one table
| Holding | Long-term after | Long-term rate | Short-term rate |
|---|---|---|---|
| Physical silver (bars, coins, jewellery) | 24 months | 12.5%, no indexation | Your slab rate |
| Listed silver ETF | 12 months | 12.5%, no indexation | Your slab rate |
| Silver fund of funds (unlisted) | 24 months | 12.5%, no indexation | Your slab rate |
Add 4% health and education cess on the tax; surcharge may apply at higher incomes. Capital losses can be set off against capital gains under the Income-tax Act. Keep your purchase invoices: they are your proof of cost.
Frequently asked questions
How is silver taxed when I sell it in India?
Physical silver held for more than 24 months is a long-term capital asset: gains are taxed at 12.5% without indexation. Held for 24 months or less, gains are added to your income and taxed at your slab rate. Health and education cess of 4% applies on the tax.
Is a silver ETF taxed differently?
Yes. Listed silver ETFs become long-term after 12 months (not 24) and are then taxed at 12.5%. Silver funds of funds are unlisted, so like physical silver they need more than 24 months. The ₹1.25 lakh annual exemption for equity gains does not apply.
Can I still claim indexation on silver?
Not for sales on or after 23 July 2024. The Finance Act 2024 removed indexation and set the long-term rate at 12.5%.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.