Sovereign Gold Bonds – What You Need to Know Before Investing!
BankBazaar
AUGUST 28, 2020
While interest received on gold bonds are subject to tax, the capital gains tax on redemption of SGBs (if held till maturity) are tax exempt; a clear benefit over physical gold. It’s also noteworthy to mention that SGBs carry a low risk of theft in comparison to physical gold. Tax Implications.
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