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


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details