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November 14, 2020

INVEST IN SOVEREIGN GOLD BONDS (SGB) THIS DIWALI AND ENJOY TRIPLE ADVANTAGES

 INVEST IN SOVEREIGN GOLD BONDS (SGB) THIS DIWALI AND ENJOY TRIPLE ADVANTAGES.

➡️ IS IT WORTHWHILE TO INVEST IN GOLD?

🔳 In the last year (Samvat 2076), gold has delivered extraordinary returns outperforming all other asset classes.

🔳 The same trend was witnessed during the global financial crisis in 2008.

🔳 This proves the fact that after allocating investments towards Equity & Fixed Income, certain allocation towards gold can act as a shield during such uncertain times in financial markets.

➡️ THE TRIPLE ADVANTAGES OF INVESTMENT IN SOVEREIGN GOLD BONDS ARE:

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

🔳 Interest income @ 2.5% p.a. on the value of investment in Gold.

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

➡️ INVEST IN SERIES VIII OF THE SOVEREIGN GOLD BOND SCHEME OF THE RESERVE BANK OF INDIA:

🔳 From 9th Nov 2020 to 13th Nov 2020.

🔳 Available in the multiples of 1 gms.

🔳 The current market price (as on 9/11/20) of 10 gms gold is Rs. 52420.

🔳 Such Bonds are available at the rate of Rs. 51,270/- (Rs. 51,770 – Rs. 500 Discount) under the Sovereign Gold Bond Scheme.

🔳 There is a Direct benefit of Rs. 1150 per 10 gms of gold purchase through Sovereign Gold Bonds route.

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

➡️ TAXATION PROVISIONS

🔳 Interest income on the Sovereign Gold Bonds is taxable.

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

🔳 Capital Gains on sale in the market are liable to Short Term Capital Gain (on holding below 3 years) & Long term Capital Gain with indexation benefit (on holding above 3 years).

➡️ CELEBRATE THIS DIWALI WITH THE NEW AGE METHOD OF INVESTING IN GOLD!

JUST CALL US TO INVEST IN SOVEREIGN GOLD BONDS.

For any further details,
Contact us:
Mobile: +91 85112 20205 / 93773 35959
Email: relationship@ashutoshfinserv.com

Ashutosh Investment Services
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ASHUTOSH FINANCIAL SERVICES PVT. LTD.
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