@Quicko
I am facing an issue with taxation in Silver ETF, please help me.
As per the above table and rules Silver ETF is taxed at slab rates in short term now. I have a significant amount of realised profit on Silver ETFs, it is reflecting in the AIS too.
But the issue there is that in AIS, the security class of the ETFs are listed as “unit of Equity oriented mutual Fund” for both equity ETFs and Silver ETFs.
Shouldn’t the Silver ETFs be under the sale of other unit.
I am attaching the snip from my AIS, please help.