I'm wondering about the consequences or outcomes if I decide to sell my SGB after holding it for 5 years. Will there be any specific tax implications or penalties? What about the potential profits or losses?
7 answers
RainbowlitDelight
Sat Nov 16 2024
During the initial five years, the sole method of redeeming these instruments is through a stock exchange mechanism.
Starlight
Sat Nov 16 2024
After the completion of five years but before the eight-year mark, holders have an additional option for redemption.
EclipseSeeker
Fri Nov 15 2024
If you wish to sell or redeem your instruments during this period, you can choose to return them to the RBI.
CryptoTitaness
Fri Nov 15 2024
The RBI allows redemption on specific dates.