印度的2026年预算终止了对二级SGB/SGB购买者的免税资本收益,切断了投机行为。 India's 2026 budget ends tax-free capital gains for secondary SGB buyers, cutting speculation.

印度2026年预算改变了主权黄金债券的税收待遇,将资本收益豁免限制在发行时直接从政府购买并持有至到期的投资者。 India’s 2026 budget changes the tax treatment of Sovereign Gold Bonds, limiting the capital gains exemption to investors who buy directly from the government at issuance and hold until maturity. 从2026年4月1日起,二级市场购买者失去免税福利,目的是遏制投机行为和促进长期投资。 Starting April 1, 2026, secondary market buyers lose the tax-free benefit, aiming to curb speculation and promote long-term investment. 该规则统一适用于所有SGB发放,消除以往的不一致之处,并结束套利机会。 The rule applies uniformly to all SGB issuances, removing previous inconsistencies and closing arbitrage opportunities. 这一举动导致二级市场价格急剧下降,一些债券跌至9%。 The move led to sharp declines in secondary market prices, with some bonds dropping up to 9%.