I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are the profits made on such early redemption also tax-exempt, like redemption on maturity? Am I required to declare long-term capital gains on these bonds in my ITR2? A Sovereign Gold Bond (SGB) is the best … Read more
Sovereign Gold Bonds (SGBs): The Reserve Bank of India (RBI) has released a calendar for the premature redemption of the Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The central bank plans to process the redemption of 30 SGBs from October 11, 2024, to March 1, 2025. According to RBI guidelines, SGB … Read more
I have been investing in sovereign gold bonds since 2019. However, my employer recently relocated me to Berlin, Germany, and I will be working there for at least two years. Do I need to sell my investments in the bonds or can I continue to invest from abroad? —Name withheld on request Your query infers … Read more