Buying or investing in silver: Here's how silver ETFs, FoFs, jewellery and utensils are taxed
The tax treatment of silver investments varies based on the type and holding period, with capital gains tax applying to ETFs, fund of funds (FoFs), and physical silver, while silver utensils are exempt. Silver ETFs qualify for long-term capital gains tax after 12 months, while FoFs and physical silver require a 24-month holding period for the same treatment. Short-term gains are taxed at the investor's income tax slab, while long-term gains are taxed at 12.5%.