Cryptocurrency Q&A What happens if I sell my SGB after 5 years?

What happens if I sell my SGB after 5 years?

Caterina Caterina Thu Nov 14 2024 | 7 answers 1988
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? What happens if I sell my SGB after 5 years?

7 answers

RainbowlitDelight RainbowlitDelight Sat Nov 16 2024
During the initial five years, the sole method of redeeming these instruments is through a stock exchange mechanism.

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Starlight Starlight Sat Nov 16 2024
After the completion of five years but before the eight-year mark, holders have an additional option for redemption.

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EclipseSeeker 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.

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CryptoPioneer CryptoPioneer Fri Nov 15 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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CryptoTitaness CryptoTitaness Fri Nov 15 2024
The RBI allows redemption on specific dates.

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