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    <title>Need advice on Taxation on Silver ETF FOF</title>
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    <description>Gains on Silver ETF FOFs sold within 12 months are Short Term Capital Gains aggregated with salary and taxed at the investor&#039;s slab rate; gains on holdings held beyond 12 months are Long Term Capital Gains taxed at a flat 12.5%. The 20% equity special rate does not apply because Silver ETFs are non-equity instruments.</description>
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      <description>Gains on Silver ETF FOFs sold within 12 months are Short Term Capital Gains aggregated with salary and taxed at the investor&#039;s slab rate; gains on holdings held beyond 12 months are Long Term Capital Gains taxed at a flat 12.5%. The 20% equity special rate does not apply because Silver ETFs are non-equity instruments.</description>
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