Interest on the Bonds will be taxable as per the provisions of the Income-tax Act, 1961 (43 of 1961). The capital gains tax arising on redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long term capital gains arising to any person on transfer of bond.
What are the tax implications on i) interest and ii) capital gain? Print
Modified on: Thu, 16 Dec, 2021 at 12:23 PM
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