A GOLDEN OPPORTUNITY TO BUY GOLD BONDS FROM RESERVE BANK OF INDIA AT A PRICE LOWER THAN THE MARKET PRICE OF GOLD.- ONLY TWO DAYS.
At Present, the market price of 10 gms.of gold is Rs. 49,120/- , At that time, the Reserve Bank of India has offered a scheme of 10 gms. gold bonds in Rs. 47,710/-(48520-500 Discount) under the Sovereign Gold Bond Scheme. Direct benefit of Rs. 1410 per 10 gram.
This Gold Bond Scheme close on 10th July, 2020 this means that the price will only be applicable till 10th july, 2020.
- Series IV available between July 06 to 10, 2020.
- Available in the multiples of 1 gms each.
- Rs. 50 per 1 gram discount on online purchase
- Interest rate : 2.5% p.a., paid semi-annually.
- Tenure : 8 years. (Early withdrawal allowed at 5 years).
- Can also be sold on the stock exchange at any time.
Taxation :
➡️ Interest on these bonds is taxable.
➡️ Appreciation (Capital gain) of the amount received on redemption (after 8 years) is tax free.
➡️ Capital gains on sale in the market is liable to Short term Capital Gain (holding below 3 years)/Long term Capital Gain with indexation (holding above 3 years).
Ashutosh Investment Advisory
A Division of
ASHUTOSH FINANCIAL SERVICES PVT. LTD.
- Investments •Insurance •Income Tax & Estate Planning •NRI Services
Mob. No. : +91 93773 35959
Email : relationship@ashutoshfinserv.com
www.ashutoshfinserv.com
Follow us using AshutoshFinserv on:
FACEBOOK, INSTAGRAM, YOUTUBE, TWITTER & LINKEDIN.
