Sovereign gold bonds premature withdrawal in May can get 16.5% returns
Sat, May 4, 2024 2:25 PM

Sovereign gold bonds premature withdrawal in May can get 16.5% returns

A Flip by Avya Verma
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A handful of sovereign gold bonds (SGBs) are due for early withdrawal in May. You can prematurely withdraw your sovereign gold bond investment once it completes the fifth year. As gold prices continue to rise above Rs 71,000 per 10 grams, investors can expect attractive returns from their sovereign gold bond investments. How much tax will you have to pay if you withdraw prematurely?

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