If I purchase sovereign gold bonds in the secondary market (assume that I bought SGB maturing in May 2024)
-
Will I get capital gains tax exemption at the time of redemption, assuming I hold it till maturity ?
-
Is there an option of early redemption for bonds bought in secondary market ? (as mentioned in the prospectus - after fifth year from the date of issue on coupon payment dates)
-
Is capital gain tax exemption applicable in case of early redemption as above?