Budget 2026 clarifies that tax-free maturity benefits on Sovereign Gold Bonds will apply only to primary investors who bought directly from the government at issuance. Those purchasing SGBs from the secondary market will now face capital gains tax at redemption, altering post-tax returns and reducing the appeal of near-maturity secondary market bonds.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,