GREAT OPPORTUNITY IN UPCOMING SERIES TO BUY DIGITAL GOLD BONDS LAUNCHED BY RESERVE BANK OF INDIA AT A PRICE LOWER THAN THE MARKET PRICE OF GOLD.
At Present, the market price of 10 gms. of Gold is Rs. 46,570/- PM as on 26th Feb, 2021 and instead the Reserve Bank of India has came up with a series of schemes offering 10 gms. Gold Bonds at the rate of Rs. 46,120/- with (Rs. 46,620-Rs.500 Discount) under the Sovereign Gold Bond Scheme.
Direct benefit of Rs. 450 per 10 gms.
Prices of Gold has declined by 11.91% from November, 2020 to Till Date (IBJA Data) which makes it an interesting opportunity to invest in present times.
Series Xll available from 01st Mar, 2021 to 05th Mar, 2021.
Available in the multiples of 1 gms.
Rs. 50 per 1 gms discount on online purchase.
Eligible Interest rate of 2.5% p.a. paid on semi-annually basis.
Tenure: 8 years (Early withdrawal allowed from 5th year).
Trade-able on the Stock Exchange.
➡️ Interest on these Sovereign Gold Bond 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 (on holding below 3 years), Long term Capital Gain with indexation benefit applicable after holding above 3 years.
GRAB THE OPPORTUNITY!
IF MISSED THE OPPORTUNITY ? DON’T WORRY! All series of Sovereign Gold Bonds are AVAILABLE with ASHUTOSH INVESTMENT SERVICES for sale.