TDS is not applicable on the bond. However, it is the responsibility of the bond holder to comply with applicable tax laws.
How can I search for gold bonds on NEO?
Can I trade these bonds (SGB)?
What are the tax implications on interest and capital gain?
Can I encash the bond (SGB) anytime I want? Is premature redemption allowed? What do I have to do if I want to exit my investment in SGB?