Britain was today hit by the first of two storms in consecutive days, as the remnants of Storm Olivia struck the country before Storm Kathleen sweeps in tomorrow.
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Sovereign Gold Bond (SGB) premature redemption: If a SGB investor wants to prematurely redeem his/her SGB investment and also not pay any capital gains tax on gains from such a sale then the only way to do this is tendering one s SGBs to the RBI. However there is a time period between which SGBs may be tendered to the RBI for premature redemption.
India Business News: Investing in Sovereign Gold Bonds (SGBs) can be beneficial for individual investors seeking to protect their savings with gold. If the need arises to cash out prematurely, investors can do so without facing income tax on their gains. Learn how SGBs offer tax-free early redemption within a 21-day annual window.