With Series III of Sovereign Gold Bond 2016-17’s interest payment date being May 17, it’s time to consider redemption from the point of view of taxation .
The Government of India, in consultation with the RBI, has decided to offer a discount of Rs 50 per gram to those investors applying online and the payment against the application is made through digital mode.
Finance Ministry statement said the duration for the subscription of Series-VII is to be from October 25-October 29, and bonds will be issued on November 2.
Besides knowledge, there are also several other cost and tax components that you need to keep in mind before deciding on whether to buy sovereign gold bonds or gold exchange-traded funds. Read here to find out which one will...
Subscription for Sovereign Gold Bond Scheme 2021-22 will be open for the next five days and investors can buy bonds at Rs 4,791 per gram of gold. The bonds can be redeemed in cash on maturity.
RBI’s latest tranche of Sovereign Gold Bond (SGB) Scheme will remain open till March 4. Here’s what you should consider if investing in gold through SGBs