Budget Impact: Sovereign Gold Bonds slump up to 10% on capital gains tax setback
Sovereign Gold Bonds (SGBs) of different tenures witnessed a decline of up to 10% on the NSE on Monday, February 2, following government proposal to eliminate the capital gains tax exemption for SGBs bought via secondary markets. Finance Minister Nirmala Sitharaman in Budget 2026 on February 1, proposed capital gains tax exemption for SGBs only…