New Tax Regime: SGB Maturity & PPF Investment

Taxation
1

Dear Team @Quicko,

I’ve opted for the New Tax Regime this FY due to lower tax implications.

My Sovereign Gold Bond (SGB) investment from eight years ago is maturing this month end, and the proceeds are tax-exempt.

I plan to reinvest this maturity amount into my PPF account, for tax-free compounding since I do not need the money right away. Could you please clarify the following:

  1. After 5 more years, when my PPF account completes its 15-year lock-in, will the maturity amount still be tax-free under the New Tax Regime?

  2. Given that PPF interest was EEE (Exempt-Exempt-Exempt) under the Old Tax Regime, what changes should I be aware of now that I’m under the New Tax Regime?

Thanks for your help!