How are capital gains from the sale of bonds and debentures taxed?
Capital gains earned from the sale of bonds and debentures are taxed based on the holding period and listing status.
Type of Security | Holding Period | Type of Capital Gain | Tax Rate |
Listed Bonds & Debentures | Less than 1 year | Short-Term Capital Gains (STCG) | As per your income tax slab |
Listed Bonds & Debentures | More than 1 year | Long-Term Capital Gains (LTCG) | 10% of gain, without indexation |
Unlisted Bonds & Debentures | Less than 3 years | Short-Term Capital Gains (STCG) | As per your income tax slab |
Unlisted Bonds & Debentures | More than 3 years | Long-Term Capital Gains (LTCG) | 20% of gain, without indexation |
Still need help?
Create Ticket