Understanding Income Tax Exemption on Early Redemption of Sovereign Gold Bonds (SGBs) Investing in Sovereign Gold Bonds (SGBs) presents an advantageous opportunity, integrating not just the potential for capital appreciation but also yielding an annual interest of 2.50% on the issue price of the bonds. This streamlined investment vehicle, though designed with an eight-year tenure, is uniquely flexible. The Reserve Bank of India (RBI) allows for early redemption post the completion of five years, precisely […]
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