SOVEREIGN GOLD BOND SCHEME 2020-21. INVESTMENT IN GOLD WITH REGULAR INTEREST INCOME
- Series IV available between July 06 to 10, 2020.
- Available in the multiples of 1 gms each.
- 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 1 years)/Long term Capital Gain with indexation (holding above 1 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.
