INCOME TAX7 Sept 2026
SGB premature redemption: RBI fixes Sovereign Gold Bond 2020-21 series early redemption price – Check details
RBI has fixed the premature redemption price for Sovereign Gold Bonds (SGB) 2020-21 Series VI. These bonds were issued on September 8, 2020. Redemption is allowed only after five years from issue, and only on an interest-payment date. If you hold this series, an exit window may now open. Check the official bond details and interest dates before deciding.
Key Statutory Highlights
- The SGB 2020-21 Series VI was originally issued on September 8, 2020.
- Premature redemption is permitted after completion of five years from the date of issue.
- Premature redemption is allowed only on an interest-payment date.
Actionable Advice for Taxpayers / Founders:If you own SGB 2020-21 Series VI, check your bond's issue details and eligible interest-payment dates to see if premature redemption makes sense for you.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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