SGB Announcements - Budget 2026 - Major Changes to SGB Taxation: What Budget 2026 Means for You

Описание: What Budget 2026 Means for You
Starting April 1, 2026, the tax landscape for Sovereign Gold Bonds is changing significantly. In this video, we break down the new rules, who stands to lose, and how you can use tax-loss harvesting to protect your returns.

Key Takeaways:
• The New Rule: Capital gains on SGBs will only remain tax-free if you purchased them during the original issue AND hold them until maturity.
• Wider Applicability: These changes aren't just for future bonds; they apply to presently active SGB issues redeemed after April 1, 2026.
• Who is Impacted? Investors who purchased SGBs from the secondary market or those who bought from the original issue but redeemed prematurely after the deadline will now face a Long-Term Capital Gains (LTCG) tax of 12.5%.

Strategic Moves:
Tax-Loss Harvesting You can mitigate these taxes by setting off SGB capital gains against losses from other assets like equity shares or mutual funds within the same financial year.

Example Scenario:
• Without Tax-Loss Harvesting: If you have ₹2,35,000 in total LTCG (including SGB gains), after the ₹1,25,000 exemption, you could owe ₹13,750 in tax.
• With Tax-Loss Harvesting: By realising a ₹70,000 loss in equity shares to offset your gains, your taxable LTCG drops to ₹40,000, reducing your tax liability to just ₹5,000.

Disclaimer: While the figures and rules provided are based on the sources, tax laws can be complex. You may wish to consult with a financial advisor or verify the latest official government gazettes to ensure these strategies suit your specific financial situation.