Sovereign Gold Bond Scheme

SOVEREIGN GOLD BOND SCHEME 2020-21

SOVEREIGN GOLD BOND SCHEME 2020-21

INVESTMENT IN GOLD WITH REGULAR INTEREST INCOME

  • 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 are liable to Short Term Capital Gain for holding below 1 year and Long term Capital Gain with indexation for holding above 1 year.
  • Holding method: Physical and Demat account.
  • Can be used as collateral for Loans.
  • Zero risk against holding actual Gold.

Ashutosh Investment Advisory

A Division of

ASHUTOSH FINANCIAL SERVICES PVT. LTD.
• Investments  • Insurance  • Income Tax & Succession Planning  • NRI Services

Ashutosh Investment Services

Mob. No. : +91 93773 35959
Email : relationship@ashutoshfinserv.com
Website: www.ashutoshfinserv.com
Landline No: +91 281 222 4499 / 223 6969

Disclaimer: Investments are subject to risks. Please read all the related offer documents carefully. Please contact us for availability of the bonds and its rate as the same are subject to fluctuations.

If you have any query, Please do Contact Us.