MProfit Help Center

I) Sovereign Bonds

Sovereign Bonds are treated as physical gold for taxation purposes. 

Hence, long term capital gains apply for investments held for 3 years or more. 

For example, you have entered transactions for a sovereign bond in MProfit.

You can see in the image below that long term capital gains will apply for this bond as it is held for more than 3 years.

II) Other Bonds

For all other traded bonds, long term capital gains apply for investments held for 1 year or more. 

For example, you have entered transactions for a traded bond in MProfit:

 

You can see in the image below that long term capital gains will apply for this bond as it is held for more than 1 year.