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SGB at 15% higher price on stock exchanges: Why you must factor in the taxation while trading SGB in secondary market

By Economic Times - 3 months ago
Sovereign Gold Bond (SGB): The price of gold bonds have shot up on the National Stock Exchange (NSE). According to Aksha Kamboj, VP of India Bullion & Jewellers Association (IBJA), "SGBs are trading in the stock market at 7-8% premium in anticipation of fear of more SGB tranches not being announced by the Government."

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