is digital gold taxable

Yes, digital gold is taxable in India, similar to physical gold. Taxation is applicable at both the time of purchase and at the time of sale or redemption.

• A 3% Goods and Services Tax (GST) is levied on the total purchase amount.
• Profit made upon selling is subject to Capital Gains Tax, depending on the holding period.
• If held for less than 36 months, it is taxed as Short-Term Capital Gain (STCG) at your personal income tax slab rate.
• If held for more than 36 months, it is taxed as Long-Term Capital Gain (LTCG) at 20% with the benefit of indexation.