
{"id":15644,"date":"2026-08-19T14:59:21","date_gmt":"2026-08-19T09:29:21","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=15644"},"modified":"2026-08-18T15:09:45","modified_gmt":"2026-08-18T09:39:45","slug":"sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/","title":{"rendered":"SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay"},"content":{"rendered":"<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">\ud83d\udcdd Quick Summary:<\/div>\n<h2 class=\"gpi-custom-widget-h2-content\"><span class=\"ez-toc-section\" id=\"Until_now_anyone_who_held_a_Sovereign_Gold_Bond_to_maturity_paid_no_capital_gains_tax_whether_they_bought_it_from_the_RBI_at_issue_or_on_the_stock_exchange_That_has_changed_From_1_April_2026_the_tax-free_maturity_applies_only_to_the_original_subscriber_who_bought_at_issue_and_held_to_the_end_1_If_you_bought_your_SGB_on_the_exchange_you_now_pay_tax_on_the_gain_even_if_you_hold_to_maturity_This_piece_explains_the_new_rule_and_who_it_affects\"><\/span><strong>Until now, anyone who held a Sovereign Gold Bond to maturity paid no capital gains tax, whether they bought it from the RBI at issue or on the stock exchange. That has changed. From 1 April 2026, the tax-free maturity applies only to the original subscriber who bought at issue and held to the end [1]. If you bought your SGB on the exchange, you now pay tax on the gain even if you hold to maturity. This piece explains the new rule and who it affects<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n\n\n<p>SGB capital gains tax in 2026 changed one long-standing perk. The appeal of a Sovereign Gold Bond was simple: the gold price, plus 2.5% interest a year, plus a tax-free exit if you held it to maturity. That last benefit is the one Budget 2026 narrowed.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#Until_now_anyone_who_held_a_Sovereign_Gold_Bond_to_maturity_paid_no_capital_gains_tax_whether_they_bought_it_from_the_RBI_at_issue_or_on_the_stock_exchange_That_has_changed_From_1_April_2026_the_tax-free_maturity_applies_only_to_the_original_subscriber_who_bought_at_issue_and_held_to_the_end_1_If_you_bought_your_SGB_on_the_exchange_you_now_pay_tax_on_the_gain_even_if_you_hold_to_maturity_This_piece_explains_the_new_rule_and_who_it_affects\" >Until now, anyone who held a Sovereign Gold Bond to maturity paid no capital gains tax, whether they bought it from the RBI at issue or on the stock exchange. That has changed. From 1 April 2026, the tax-free maturity applies only to the original subscriber who bought at issue and held to the end [1]. If you bought your SGB on the exchange, you now pay tax on the gain even if you hold to maturity. This piece explains the new rule and who it affects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#What_Actually_Changed_on_1_April_2026\" >What Actually Changed on 1 April 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#How_SGB_Secondary_Market_Tax_Now_Works\" >How SGB Secondary Market Tax Now Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#Who_Still_Gets_the_Tax-Free_Exit\" >Who Still Gets the Tax-Free Exit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#What_SGB_Capital_Gains_Tax_in_2026_Means_Before_You_Buy\" >What SGB Capital Gains Tax in 2026 Means Before You Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#SGB_Capital_Gains_Tax_After_Budget_Frequently_Asked_Questions\" >SGB Capital Gains Tax After Budget Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>The rule on SGB capital gains tax in 2026 draws a line between two holders. Subscribe to the original RBI issue and hold to maturity, and your gain stays tax-free. Buy the same bond on the exchange, and you have lost that exemption.<\/p>\n\n\n\n<p>This is the SGB LTCG exemption removed for one group, the core of <a href=\"https:\/\/goldenpi.com\/blog\/financial-matters\/capital-gains-vs-interest-income-from-bonds\/\" type=\"post\" id=\"13356\">SGB capital gains<\/a> tax in 2026, and it matters because so many bought SGBs the second way.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Actually_Changed_on_1_April_2026\"><\/span><strong>What Actually Changed on 1 April 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An SGB runs eight years. Before 2026, a bond held to maturity and redeemed with the RBI had a fully exempt gain, wherever you bought it. Many bought on the exchange for that, often at a discount, expecting the same tax-free exit.<\/p>\n\n\n\n<p>SGB capital gains tax in 2026 keeps the exemption but limits who can claim it. From 1 April 2026, the tax-free maturity applies only if two conditions are met: you subscribed at the original RBI issue, and you held that same bond continuously until maturity [2].<\/p>\n\n\n\n<p>Miss either condition and, under SGB capital gains tax in 2026, the exemption is gone. That is the heart of SGB capital gains tax in 2026: buying on the exchange, however long you hold, no longer earns a tax-free exit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Latest Bond Updates:<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/jal-jeevan-mission-esg-debt-how-india-is-financing-water\/\" aria-label=\"Jal Jeevan Mission &amp; ESG Debt: How India Is Financing Water\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Jal Jeevan Mission\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18174418\/Jal-Jeevan-Mission.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/jal-jeevan-mission-esg-debt-how-india-is-financing-water\/\">Jal Jeevan Mission &amp; ESG Debt: How India Is Financing Water<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/indias-green-hydrogen-mission-can-green-bonds-fund-the-transition\/\" aria-label=\"India&#8217;s Green Hydrogen Mission: Can Green Bonds Fund the Transition?\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"India Green Hydrogen Mission\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/19153111\/India-Green-Hydrogen-Mission.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/indias-green-hydrogen-mission-can-green-bonds-fund-the-transition\/\">India&#8217;s Green Hydrogen Mission: Can Green Bonds Fund the Transition?<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\" aria-label=\"SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"SGB Capital Gains Tax After Budget 2026\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\">SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay<\/a><\/li>\n<\/ul>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_SGB_Secondary_Market_Tax_Now_Works\"><\/span><strong>How SGB Secondary Market Tax Now Works<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you bought on the exchange, here is the SGB <a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-secondary-market\/\" type=\"post\" id=\"9007\">secondary market<\/a> tax you now face under SGB capital gains tax rules in 2026.<\/p>\n\n\n\n<p>Hold for more than 12 months, and the gain is long-term, taxed at 12.5% with no indexation. This is the SGB LTCG exemption removed in practice: with the LTCG exemption gone, the same 12.5% you pay on many other long-term assets now applies to your gold bond too [3].<\/p>\n\n\n\n<p>Hold for 12 months or less, and the gain is short-term, taxed at your slab rate. That is SGB capital gains tax in 2026 for short holds.<\/p>\n\n\n\n<p>Under SGB capital gains tax in 2026, this SGB secondary market tax applies whether you sell early or hold to redemption. Maturity no longer saves a secondary buyer any tax.<\/p>\n\n\n\n<p>One thing has not changed. The 2.5% annual interest was always taxable at your slab rate, for every holder, and still is. Only the capital gain treatment has moved: the SGB secondary market tax now applies, with the LTCG exemption off the table for secondary buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_Still_Gets_the_Tax-Free_Exit\"><\/span><strong>Who Still Gets the Tax-Free Exit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under SGB capital gains tax in 2026, the exemption survives in one case. You must have bought the bond in the original RBI issue and redeemed it with the RBI at its full eight-year maturity.<\/p>\n\n\n\n<p>Meet both, and under SGB capital gains tax in 2026, your gain on redemption is fully exempt, as before [1]. This is the route the Budget left untouched, to reward long-term savers who backed the scheme at issue, not those who buy SGB from the exchange for a tax-free exit.<\/p>\n\n\n\n<p>One point people get wrong: the 1.25 lakh long-term gains exemption for listed shares and equity funds has never applied to SGBs and still does not [4]. When you buy SGB from the exchange and pay 12.5%, it is on the whole gain, with no 1.25 lakh cushion first.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_SGB_Capital_Gains_Tax_in_2026_Means_Before_You_Buy\"><\/span><strong>What SGB Capital Gains Tax in 2026 Means Before You Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The lesson is simple: the tax now depends on how you buy the bond. A fresh RBI issue held to maturity keeps the tax-free exit, but no new SGB tranche has been issued since early 2026, so primary subscription is not available now. That leaves the exchange as the only way in, and if you buy SGB from the exchange, that route no longer carries the exemption.<\/p>\n\n\n\n<p>So when you buy SGB from the exchange today, price the 12.5% in. The gold exposure and 2.5% interest are real. The tax-free maturity, for a secondary buyer, is not.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SGB_Capital_Gains_Tax_After_Budget_Frequently_Asked_Questions\"><\/span><strong>SGB Capital Gains Tax After Budget Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1787044917978\"><strong class=\"schema-faq-question\"><strong>Q1. What changed in SGB taxation from 1 April 2026?<\/strong><\/strong> <p class=\"schema-faq-answer\"> The tax-free capital gain at maturity now applies only to original subscribers who held to the end. Under SGB capital gains tax in 2026, a secondary buyer loses that exemption and pays tax on the gain, even if held to maturity.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1787044928286\"><strong class=\"schema-faq-question\"><strong>Q2. Are SGBs bought from the secondary market taxable in 2026?<\/strong><\/strong> <p class=\"schema-faq-answer\"> Yes. This is the SGB secondary market tax from 1 April 2026. If you buy SGB from the exchange, the gain is taxable: 12.5% long-term if held over 12 months, or at your slab rate if less.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1787044942800\"><strong class=\"schema-faq-question\"><strong>Q3. Is SGB maturity still tax-free in 2026?<\/strong><\/strong> <p class=\"schema-faq-answer\"> Only for original subscribers. Under SGB capital gains tax in 2026, if you subscribed to the RBI issue and held it to the eight-year maturity, the gain stays exempt. For anyone who bought on the exchange, the SGB LTCG exemption removed by the Budget means maturity is no longer tax-free.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1787044953861\"><strong class=\"schema-faq-question\"><strong>Q4. Do I pay capital gains tax if I redeem SGBs at maturity?<\/strong><\/strong> <p class=\"schema-faq-answer\"> It depends on how you bought them. An original subscriber redeeming with the RBI at maturity pays nothing. A secondary buyer redeeming the same bond pays 12.5% under SGB capital gains tax in 2026, since the SGB LTCG exemption removed by Budget 2026 no longer covers them.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1787044964073\"><strong class=\"schema-faq-question\"><strong>Q5. Can I still sell my SGB after 5 years?<\/strong><\/strong> <p class=\"schema-faq-answer\"> Yes. You can sell on the exchange any time or use the RBI early redemption window from year five. But once you buy SGB from the exchange, any gain is taxable under the new rule, whichever exit you pick.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1787044978016\"><strong class=\"schema-faq-question\"><strong>Q6. What will the capital gains tax be in 2026 for a secondary SGB?<\/strong><\/strong> <p class=\"schema-faq-answer\"> Under SGB capital gains tax in 2026, a secondary buyer pays 12.5% on a long-term gain held over 12 months, with no indexation. Held 12 months or less, it is taxed at your slab rate.<\/p> <\/div> <\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p>The change to SGB capital gains tax in 2026 is narrow but important. It does not touch the interest, nor original subscribers who hold to maturity. It removes one benefit: the tax-free exit that secondary buyers used to enjoy. With no new tranche on sale, the only route in is the exchange, so the SGB secondary market tax makes your maturity gain taxable at 12.5%. That does not make the bond a poor choice, but it removes the tax edge that once set SGBs apart. Buy them for the gold and the interest, and treat the tax-free maturity as a benefit for original subscribers alone.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Sources<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a rel=\"nofollow\" href=\"https:\/\/www.business-standard.com\/budget\/news\/budget-2026-changes-sgb-tax-rules-ends-blanket-capital-gains-exemption-126020100451_1.html\">From 1 April 2026, SGB maturity capital-gains exemption applies only to original subscribers who hold to maturity; secondary-market buyers are taxed (Business Standard)<\/a><\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/www.valueresearchonline.com\/stories\/229135\/does-the-rs-1-25-lakh-ltcg-exemption-apply-to-sgbs\/\">New Income-tax Act 2025 amendment: exemption requires original subscription at RBI issue plus continuous holding to maturity; change effective 1 April 2026 (Value Research)<\/a><\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/cleartax.in\/s\/capital-gain-tax-on-sovereign-gold-bond-sgb\">Secondary-market SGB gains taxed at 12.5% LTCG (over 12 months, no indexation) or slab-rate STCG; 2.5% interest still taxable (ClearTax)<\/a><\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/www.valueresearchonline.com\/stories\/229135\/does-the-rs-1-25-lakh-ltcg-exemption-apply-to-sgbs\/\">The \u20b91.25 lakh LTCG exemption for listed shares\/equity funds does not apply to SGBs (Value Research)<\/a><\/li>\n<\/ol>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Ready to Invest?<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p>Visit <a href=\"https:\/\/goldenpi.com\/\">GoldenPi<\/a> to explore current bond options. Compare yields, ratings, and tenures in one place and invest online with as little as \u20b930,000.<\/p>\n<\/div>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\">Disclaimer<\/h3>\n\n\n\n<p>Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities\/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and\/or default in payment. Read all the offer-related documents carefully. This blog\/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products\/services of\/on GoldenPi or any product\/services of its third-party client(s). For a detailed calculation of YTM, visit our website.&nbsp;<a href=\"https:\/\/delivery.goldenpi.com\/XPRBSN?id=162365=ch0GCFVXBVBUH1QDUlZXUlgBVgNSUwJVWgQGDFJQAVsEUwRfBldSBFVUAglRBFJSAA0ZBgxfQFBbERxBFSNTV10FU1cTDBgFDg5OAFIKVVFQBlZTVwQBBgFSAg0aC0BMQRIMFkwBUwoIFVdDHBwCCw1QAAsTWBpSVwgebDYxdmt\/Xl9dHxMF&amp;fl=WRVCSRBfGUkETltfVwNLAxVbCQwNWhpYVkpFGwMOBRcEWQMNUEoHSQJaV1BQAQQHTAZXA1IcAAMOBBxWB1IMFQUEVQxXXAEFBVQEUkpTVlMCUFEHU1JVAwhUAFECAQZaVFEADVAAVQBXVFRUUw==\" target=\"_blank\" rel=\"noreferrer noopener\">T&amp;C\u2019s Apply<\/a>.<\/p>\n\n\n\n<script type=\"application\/ld+json\">\n[\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"NewsArticle\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#article\",\n    \"isPartOf\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\"\n    },\n    \"headline\": \"SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay\",\n    \"description\": \"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.\",\n    \"image\": {\n      \"@type\": \"ImageObject\",\n      \"url\": \"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg\",\n      \"width\": 1600,\n      \"height\": 900\n    },\n    \"datePublished\": \"2026-08-19T14:59:21+05:30\",\n    \"dateModified\": \"2026-08-18T15:02:14+05:30\",\n    \"mainEntityOfPage\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\"\n    },\n    \"wordCount\": 950,\n    \"commentCount\": 0,\n    \"inLanguage\": \"en-US\",\n    \"publisher\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/#organization\"\n    },\n    \"author\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/deepak-narang-cfa-level-3\"\n    },\n    \"about\": [\n      {\n        \"@type\": \"Thing\",\n        \"name\": \"Sovereign Gold Bond\",\n        \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Sovereign_Gold_Bond\"\n      },\n      {\n        \"@type\": \"Thing\",\n        \"name\": \"Capital gains tax\",\n        \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Capital_gains_tax\"\n      },\n      {\n        \"@type\": \"Thing\",\n        \"name\": \"Secondary market\",\n        \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Secondary_market\"\n      }\n    ],\n    \"mentions\": [\n      {\n        \"@type\": \"Organization\",\n        \"name\": \"Reserve Bank of India\",\n        \"alternateName\": \"RBI\",\n        \"sameAs\": \"https:\/\/en.wikipedia.org\/wiki\/Reserve_Bank_of_India\"\n      }\n    ]\n  },\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"FAQPage\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#faq\",\n    \"isPartOf\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\"\n    },\n    \"mainEntity\": [\n      {\n        \"@type\": \"Question\",\n        \"name\": \"What changed in SGB taxation from 1 April 2026?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"The tax-free capital gain at maturity now applies only to original subscribers who held to the end. Under SGB capital gains tax in 2026, a secondary buyer loses that exemption and pays tax on the gain, even if held to maturity.\"\n        }\n      },\n      {\n        \"@type\": \"Question\",\n        \"name\": \"Are SGBs bought from the secondary market taxable in 2026?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"Yes. This is the SGB secondary market tax from 1 April 2026. If you buy SGB from the exchange, the gain is taxable: 12.5% long-term if held over 12 months, or at your slab rate if less.\"\n        }\n      },\n      {\n        \"@type\": \"Question\",\n        \"name\": \"Is SGB maturity still tax-free in 2026?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"Only for original subscribers. Under SGB capital gains tax in 2026, if you subscribed to the RBI issue and held it to the eight-year maturity, the gain stays exempt. For anyone who bought on the exchange, the SGB LTCG exemption removed by the Budget means maturity is no longer tax-free.\"\n        }\n      },\n      {\n        \"@type\": \"Question\",\n        \"name\": \"Do I pay capital gains tax if I redeem SGBs at maturity?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"It depends on how you bought them. An original subscriber redeeming with the RBI at maturity pays nothing. A secondary buyer redeeming the same bond pays 12.5% under SGB capital gains tax in 2026, since the SGB LTCG exemption removed by Budget 2026 no longer covers them.\"\n        }\n      },\n      {\n        \"@type\": \"Question\",\n        \"name\": \"Can I still sell my SGB after 5 years?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"Yes. You can sell on the exchange any time or use the RBI early redemption window from year five. But once you buy SGB from the exchange, any gain is taxable under the new rule, whichever exit you pick.\"\n        }\n      },\n      {\n        \"@type\": \"Question\",\n        \"name\": \"What will the capital gains tax be in 2026 for a secondary SGB?\",\n        \"acceptedAnswer\": {\n          \"@type\": \"Answer\",\n          \"text\": \"Under SGB capital gains tax in 2026, a secondary buyer pays 12.5% on a long-term gain held over 12 months, with no indexation. Held 12 months or less, it is taxed at your slab rate.\"\n        }\n      }\n    ]\n  },\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"WebPage\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\",\n    \"url\": \"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\",\n    \"name\": \"SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay\",\n    \"isPartOf\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/#website\"\n    },\n    \"primaryImageOfPage\": {\n      \"@type\": \"ImageObject\",\n      \"url\": \"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg\"\n    },\n    \"description\": \"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.\",\n    \"inLanguage\": \"en-US\"\n  },\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"Person\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/deepak-narang-cfa-level-3\",\n    \"name\": \"Deepak Narang | CFA Level 3\",\n    \"jobTitle\": \"Investment Analyst\",\n    \"description\": \"Deepak Narang is a high-impact credit professional and investment analyst with over 9 years of expertise across the global financial landscape. Having cleared CFA Level 3, Deepak specializes in identifying risk profiles and investment potential of diverse sectors, ranging from large-scale manufacturing and traditional financial institutions to the high-growth world of new-age startups.\",\n    \"url\": \"https:\/\/goldenpi.com\/blog\/author\/deepak-narang\/\",\n    \"sameAs\": [\n      \"https:\/\/www.linkedin.com\/in\/deepak-narang-a119a08a\/\"\n    ]\n  },\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"Organization\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/#organization\",\n    \"name\": \"GoldenPi Technology Pvt Ltd\",\n    \"url\": \"https:\/\/goldenpi.com\/blog\/\",\n    \"logo\": {\n      \"@type\": \"ImageObject\",\n      \"url\": \"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/05\/18105628\/GoldenPi-Lean-Logo.png\"\n    },\n    \"sameAs\": [\n      \"https:\/\/www.facebook.com\/goldenpitech\",\n      \"https:\/\/x.com\/GoldenPiTech\",\n      \"https:\/\/www.linkedin.com\/company\/goldenpi\/\"\n    ]\n  },\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"WebSite\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/#website\",\n    \"url\": \"https:\/\/goldenpi.com\/blog\/\",\n    \"name\": \"GoldenPi | Blogs\",\n    \"description\": \"All about bonds online in India\"\n  }\n]\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcdd Quick Summary: Until now, anyone who held a Sovereign Gold Bond to maturity paid no capital gains tax, whether they bought&hellip;<\/p>\n","protected":false},"author":17,"featured_media":15645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[234,25],"tags":[],"class_list":["post-15644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sovereign-gold-bond","category-bond-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay<\/title>\n<meta name=\"description\" content=\"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay\" \/>\n<meta property=\"og:description\" content=\"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/\" \/>\n<meta property=\"og:site_name\" content=\"GoldenPi | Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldenpitech\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-19T09:29:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Deepak Narang | CFA Level 3\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:site\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Deepak Narang | CFA Level 3\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay","description":"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/","og_locale":"en_US","og_type":"article","og_title":"SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay","og_description":"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.","og_url":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/","og_site_name":"GoldenPi | Blogs","article_publisher":"https:\/\/www.facebook.com\/goldenpitech","article_published_time":"2026-08-19T09:29:21+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg","type":"image\/jpeg"}],"author":"Deepak Narang | CFA Level 3","twitter_card":"summary_large_image","twitter_creator":"@GoldenPiTech","twitter_site":"@GoldenPiTech","twitter_misc":{"Written by":"Deepak Narang | CFA Level 3","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#article","isPartOf":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/"},"author":{"name":"Deepak Narang | CFA Level 3","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/9781cfb40abd7777b2fcbbbd5b6ac0ba"},"headline":"SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay","datePublished":"2026-08-19T09:29:21+00:00","mainEntityOfPage":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/"},"wordCount":1360,"commentCount":0,"publisher":{"@id":"https:\/\/goldenpi.com\/blog\/#organization"},"image":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#primaryimage"},"thumbnailUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg","articleSection":["Sovereign Gold Bond","Bond News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/","url":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/","name":"SGB Capital Gains Tax After Budget 2026: Why Secondary Buyers Pay","isPartOf":{"@id":"https:\/\/goldenpi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#primaryimage"},"image":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#primaryimage"},"thumbnailUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg","datePublished":"2026-08-19T09:29:21+00:00","description":"Bought SGBs from the secondary market? Budget 2026 changed the tax rules. Understand why secondary-market buyers may now pay capital gains tax, even on redemption at maturity.","breadcrumb":{"@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#primaryimage","url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg","contentUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/08\/18145839\/SGB-Capital-Gains-Tax-After-Budget-2026.jpg","width":1600,"height":900,"caption":"SGB Capital Gains Tax After Budget 2026"},{"@type":"BreadcrumbList","@id":"https:\/\/goldenpi.com\/blog\/sovereign-gold-bond\/sgb-capital-gains-tax-after-budget-2026-why-secondary-market-buyers-now-pay\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/goldenpi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SGB Capital Gains Tax After Budget 2026: Why Secondary Market Buyers Now Pay"}]},{"@type":"WebSite","@id":"https:\/\/goldenpi.com\/blog\/#website","url":"https:\/\/goldenpi.com\/blog\/","name":"GoldenPi | Blogs","description":"All about bonds online in India","publisher":{"@id":"https:\/\/goldenpi.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/goldenpi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/goldenpi.com\/blog\/#organization","name":"GoldenPi Technology Pvt Ltd","url":"https:\/\/goldenpi.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/05\/08120536\/Logo-01-scaled.png","contentUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/05\/08120536\/Logo-01-scaled.png","width":2560,"height":750,"caption":"GoldenPi Technology Pvt Ltd"},"image":{"@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/goldenpitech","https:\/\/x.com\/GoldenPiTech","https:\/\/www.linkedin.com\/company\/goldenpi\/"]},{"@type":"Person","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/9781cfb40abd7777b2fcbbbd5b6ac0ba","name":"Deepak Narang | CFA Level 3","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/8b01d4abf2015896c5b35dc4dc883cfc177884bb57ffa342b832705a103d59c1?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8b01d4abf2015896c5b35dc4dc883cfc177884bb57ffa342b832705a103d59c1?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8b01d4abf2015896c5b35dc4dc883cfc177884bb57ffa342b832705a103d59c1?s=96&d=blank&r=g","caption":"Deepak Narang | CFA Level 3"},"description":"Deepak Narang is a high-impact credit professional and investment analyst with over 9 years of expertise across the global financial landscape. Having cleared CFA Level 3, Deepak specializes in identifying risk profiles and investment potential of diverse sectors, ranging from large-scale manufacturing and traditional financial institutions to the high-growth world of new-age startups.","sameAs":["https:\/\/www.linkedin.com\/in\/deepak-narang-a119a08a\/"],"url":"https:\/\/goldenpi.com\/blog\/author\/deepak-narang\/"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/15644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/comments?post=15644"}],"version-history":[{"count":3,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/15644\/revisions"}],"predecessor-version":[{"id":15649,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/15644\/revisions\/15649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media\/15645"}],"wp:attachment":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media?parent=15644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/categories?post=15644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/tags?post=15644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}