Section

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

By Economic Times - 2 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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.