Personal Finance Insight

Sell your SGBs, pay 0 tax

Here's how you can redeem your gold bonds prematurely, tax free

How to redeem SGBs and pay no taxAdobe Stock

There's good news for those owning certain batches of sovereign gold bonds (SGBs). If you have been thinking about exiting your SGBs early, the Reserve Bank of India (RBI) has just announced the latest schedule for premature redemption, which means paying no taxes on capital gains. For those uninitiated, you can sell your SGBs and not pay tax on the profits under two conditions: You wait for the SGBs you own to mature. (Gold bonds mature in eight years. If you bought two-year-old SGBs from the secondary market, you'd have to wait for six years to earn

This article was originally published on March 17, 2025.

This story is not available as it is from the Mutual Fund Insight April 2025 issue

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