Is there tax on selling gold in India?

Capital gains tax applies. Short-term (held <2 years): added to income, taxed at slab rate. Long-term (held ≥2 years): 20% with indexation benefit. Sovereign Gold Bonds held to maturity are exempt from capital gains tax entirely. Gift gold: no immediate tax to the receiver up to ₹50,000 per donor per year; above that, taxed as income.