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Invested in Sovereign Gold Bonds? SGBs offer tax-free early redemption within 21-day annual window; here's how it works | India Business News

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. ....

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​Sovereign Gold Bond premature redemption: Investors can withdraw this tranche at 118% higher than issue price

Sovereign gold bond (SGB) investors can prematurely withdraw SGB 2017-18 XIII at a price which is 118.14% higher than its issue price. The due date for premature withdrawal is December 26, 2023. In absolute terms the return from premature redemption of this SGB comes to Rs 3,386 without factoring the interest given by the SGB. ....

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Sovereign Gold Bond premature redemption: This Sovereign Gold Bond series can be prematurely withdrawn at 114.5% higher than issue price

Investors of sovereign gold bond 2017-18 Series XII are in for an jackpot since they can prematurely withdraw from the SGB scheme with an absolute return of 114.4982% from the issue price. SGB 2017-18 was issued by the RBI on December 2017 at a price of Rs 2,890 per unit of SGB. ....

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