I have some confusion on the holding period for calculating ST/LT capital Gains for Bonds. I understand that Long term gains are taxed @ 10% or 20% after indexation for all types of bonds.
What is the holding period for a Bond transfer to be considered as long term? Is it 3 years or 1 year?
Does the holding period for consideration of LT gains depend on the type of Bond? ie:
- Zero Coupon Bond
- Capital Indexed Bond
- Bonds that are listed
- All other types of bonds not listed above