New Delhi, July 14 -- With the 31 July deadline for filing Income Tax Returns (ITR) for Assessment Year (AY) 2026-27 just about 15 days away, taxpayers must act quickly. Those investing in Sovereign Gold Bonds (SGBs) should pay particular attention to the limited time left. They need to ensure that income from these investments is reported accurately and taxes are submitted within the stipulated timelines to remain compliant.

Given that SGBs offer investors tax-efficient returns, the tax treatment of these instruments depends not only on whether the income is interest or capital gains, but also on whether the bonds were redeemed on maturity or sold before maturity.

Note that the changes announced in Budget 2026 will apply only from AY 2...