New Gold Rules: Big Changes to SGB Tax Exemptions from April 1

• Major changes to tax exemptions on gold purchased via Sovereign Gold Bond Scheme (SGB) secondary market.
• From April 1, Capital Gains Tax will apply to SGB secondary market transactions after maturity, withdrawing previous tax-free benefits.
• CA Nitin Kaushik explains that only primary issue subscribers holding until maturity will retain tax-free benefits from April 2026.
• Investors buying SGB from the secondary market will now pay Long-Term Capital Gains Tax on profits at maturity.
• The strategy of buying discounted SGB from exchanges for tax-free gains is effectively ended, with a 12.5% LTCG tax on profits.