By ArthaShala Financial Desk | Updated: November 7, 2026 | ✓ Verified Against RBI Directions (RBI/2025-26/82 & Oct 2026 Master Directions) Losing a parent, spouse, or family member is emotionally devastating. Fighting a bank branch for their life savings shouldn't be your second tragedy. Every day across India, grieving families walk into bank branches holding an original Death Certificate—only to be sent on a months-long runaround. Uninformed branch officers routinely demand court Succession Certificates even when a valid nominee is registered, insist on wealthy third-party sureties, or leave safe deposit locker claims gathering dust for months. Here is the regulatory weapon banks rarely advertise: Under the Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025 (fully enforced across all banks in 2026), your bank is legally required to settle deposit and locker clai...
Home › Finance › SGB Tax Rules 2026 SGB Taxation 2026: The Secondary Market Trap Costing You 12.5% Expert Tax Alert • Published by Sahityashala Editorial Desk • Compliance: Income-tax Framework 2026 The secondary market SGB tax trap: Why Demat buyers pay 12.5% LTCG at maturity. ⚠️ Urgent Warning for Retail Investors The viral assumption that buying Sovereign Gold Bonds (SGBs) on stock broker apps secures a tax-free maturity is an outdated, highly destructive myth . If you recently purchased secondary units on platforms like Zerodha , Groww , or Upstox , your capital gains are legally subject to a strict 12.5% LTCG tax . For nearly a decade, retail investors and financial planners treated Sovereign Gold Bonds as the undisputed crown jewel of Indian investing: earn a guaranteed 2.5% annual coupon and cash out completely tax-f...