https://www.taxtmi.com/article/detailed?id=12159 Sovereign Gold Bonds grant capital gains exemption on redemption for individuals and indexation benefits on transfer, while interest is taxable. Eligible resident subscribers include individuals, HUFs, trusts, universities and charitable institutions. SGBs are issued in gram denominations for an eight year tenor with premature redemption after the fifth year; minimum investment is one gram and annual subscription ceilings per fiscal year apply with self declaration. A fixed nominal interest is paid semiannually. Issue and redemption prices are set in rupees using the three day IBJA average closing gold price, with an online payment discount on issue. en-us Fri, 22 Dec 2023 10:08:42 +0530 Fri, 22 Dec 2023 10:08:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12159 Sovereign Gold Bonds grant capital gains exemption on redemption for individuals and indexation benefits on transfer, while interest is taxable. Eligible resident subscribers include individuals, HUFs, trusts, universities and charitable institutions. SGBs are issued in gram denominations for an eight year tenor with premature redemption after the fifth year; minimum investment is one gram and annual subscription ceilings per fiscal year apply with self declaration. A fixed nominal interest is paid semiannually. Issue and redemption prices are set in rupees using the three day IBJA average closing gold price, with an online payment discount on issue. Articles Income Tax Fri, 22 Dec 2023 10:08:42 +0530 https://www.taxtmi.com/article/detailed?id=12159