sovereign gold bond

Sovereign Gold Bonds: RBI declares premature redemption calendar for SGBs issued between 2017-2020; check dates

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Sovereign Gold Bonds: RBI declares premature redemption calendar for SGBs issued between 2017-2020; check dates

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

Understanding sovereign gold bonds: Tax implications and disclosure requirements

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Understanding sovereign gold bonds: Tax implications and disclosure requirements

I invested in sovereign gold bonds (SGBs) in FY16 and received the maturity proceeds in FY24. According to the terms, the proceeds are exempt from long-term capital gains tax if redeemed on maturity. My question is: Am I required to declare my earnings from these bonds in my ITR2 for AY25? If so, where? I … Read more