Tax treatment parity for Sovereign Gold Bonds grants exemption on redemption and extends indexation benefits to all assessees. The Bill provides that redemptions of Sovereign Gold Bonds by individuals shall not be treated as transfers and are exempt from capital gains, extends indexation benefits on transfers of such bonds to all assessees, excludes Deposit Certificates under the Gold Monetisation Scheme from capital asset treatment and exempts interest on them, exempts currency appreciation on rupee denominated bonds for non-resident investors from capital gains, and expands non-recognition treatment to consolidation of plans within mutual fund schemes.