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.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.