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SGB taxation in budget 2024: Changed capital gain tax on maturity, selling prematurely in RBI's buyback or on stock exchange

By Economic Times - 3 months ago
Budget 2024: Sovereign Gold Bond scheme investors are in for a rejoice because now if they are being held for more than 12 months, it is to be classified as a long term capital gains asset and be accordingly taxed. However if you hold it till maturity then it is tax free.

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