SGB BOND PURCHASE OR NOT


This query is : Resolved 

Quick Summary
Educational trusts are eligible to invest in Sovereign Gold Bonds (SGBs), with up to 15% of their investment portfolio potentially allocated to these bonds. Investing in SGBs offers a significant advantage as any capital gains realised after the 8-year holding period are entirely tax-free, providing a valuable tax benefit for the trust.

02 January 2024 HI
EDUCATIONAL TRUST CAN PURCHASE THE SGB [Sovereign Gold Bond]
if purchase the sgb What is the benefit of trust

02 January 2024 15% investment can be invested in such bonds.
The eligibility to invest in sovereign Gold Bonds extends to resident individuals, HUFs, trusts, universities, educational institutions, charitable institutions, and NRIs.

05 January 2024 trust can get tax benefit on the sgb bond

14 January 2024 Any capital gains you earn at the end of 8 years will be considered entirely tax-free


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