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
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.