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INVEST IN SOVEREIGN GOLD BONDS (SGB) BUY FROM US AT AN ATTRACTIVE DISCOUNT FROM THE RATES SPECIFIED BY RESERVE BANK OF INDIA.

💫 INVEST IN SOVEREIGN GOLD BONDS (SGB)
BUY FROM US AT AN ATTRACTIVE DISCOUNT FROM THE RATES SPECIFIED BY RESERVE BANK OF INDIA. 💫

Sovereign Gold Bonds are available on resale at an attractive discount of 3% from the rates at which RBI issues the bonds. These discounts vary with different series of SGB. Hence it a very attractive opportunity to avail SGB at a discount if an investor is planning to hold these SGB till maturity.

Moreover there are several advantages of investing in SGB which are as under :

▪️ Investment in Gold without any levy of GST and rate difference on buying & selling.

▪️ Interest income @ 2.5% p.a. along with investment in Gold.

▪️ Tax Free gain on investment in Gold when bonds held till maturity.

▪️ Sovereign Gold Bonds issued by RBI are available for resale from us on all the working days.

▪️ Available in the multiples of 1 gms.

▪️ The rate of gold for the purchase of Sovereign Gold Bonds shall be the rate of gold at the time of purchase on the website of India Bullion Jewellers Association (IBJA) less the discount of 3% depending upon the series.

▪️ Eligible Interest rate of 2.5% p.a. paid on semi-annually basis.

▪️ Tenure: Original tenure 8 years, with an option to exit after the 5th year.

▪️ Tradable on the Stock Exchange.

Taxation provisions :

▪️ Interest on these Sovereign Gold Bond is taxable.

▪️ Appreciation (Capital gain) of the amount received on maturity (after 8 years) is tax free.

▪️ Capital Gains on sale in the market is liable to Short Term Capital Gain (on holding below 3 years), Long term Capital Gain with indexation benefit applicable on holding above 3 years.

GRAB THE OPPORTUNITY!

CONTACT US TO INVEST IN SOVEREIGN GOLD BONDS.

Mobile: +91 73835 30919 / 93773 35959
Email: vrm@ashutoshfinserv.com

ASHUTOSH FINANCIAL SERVICES PVT. LTD.
•Investments •Insurance •NRI Services •Income Tax & Estate Planning
www.ashutoshfinserv.com

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PODCAST FOR NRIs – TIME TO INCREASE INVESTMENT ALLOCATION TOWARDS INDIA.

PODCAST FOR NRIs – TIME TO INCREASE INVESTMENT ALLOCATION TOWARDS INDIA. Please find herewith the link for the same: 📣 Link – https://www.instagram.com/reel/CichYRZvxb6/?utm_source=ig_web_copy_link The thoughts which have been delivered are the views of CA Rajit Kothari-Executive Director of Ashutosh Financial Services Pvt. Ltd. Mobile: +91 72288 48181 / 7043593388 Email: nris1@ashutoshfinserv.com NRI Services ASHUTOSH FINANCIAL SERVICES PVT. LTD. www.ashutoshfinserv.com Follow us using Ashutosh_NRI_FinTax on Facebook, Instagram, YouTube, Twitter & Linkedin to receive all the latest information. Disclaimer: These are personal views of CA Rajit Kothari, which should not be acted upon without taking specific professional advice. Please feel free to contact us.
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View Blogs in English Income Tax And Estate Planning Services

DEPOSIT ADVANCE INCOME TAX BY SEPTEMBER 15 TO AVOID INTEREST IMPLICATIONS

DEPOSIT ADVANCE INCOME TAX BY SEPTEMBER 15 TO AVOID INTEREST IMPLICATIONS 📆 ⬛ Every individual/company/firm/HUF whose net tax liability on the estimated income exceeds INR 10000 for the financial year shall be required to deposit advance tax. ⬛ The deposit of tax shall be in four instalments on the estimated net tax liability (after reducing taxes deposited/deducted/collected) which is calculated on the estimated income (after reducing deductions available under sec. 80C, 80D, etc.) ⬛ As per the Act, 45% of the estimated tax liability of the financial year shall be deposited by September 15. ⬛ Additional interest of 1% per month shall be levied under section 234C on the net tax liability on delay in payment of the tax. ⬛ For resident senior citizens not having income from business & profession, advance tax shall not be applicable. ⬛ Deposit advance tax timely not only to avoid interest implications, but also to become a responsible citizen of the country. 🇮🇳 Contact us: Income Tax & Estate Planning Services Ashutosh Financial Services Pvt. Ltd. •Investments •Insurance •NRI Services •Income Tax & Estate Planning www.ashutoshfinserv.com Mobile: +91 73835 30919 / 93773 35959 Email: vrm@ashutoshfinserv.com Follow us using Ashutosh_Finserv at Facebook, Instagram, Youtube, Twitter & LinkedIn to receive all the latest information from finance world.