Sovereign Gold Bond Scheme: SBI Announces Six Benefits of Digital Gold Scheme, Until This Friday

Government Sovereign Gold Bond Scheme 2021-22 Delivery Price Rs 4,807 per gram The fourth series of Government Gold Bonds (SGB) Scheme 2021-21 is open for purchase from July 12 to July 16, 2021. The Reserve Bank, in consultation with the Government of India, has invested Rs 50 per gram for investors who apply online and pay digitally. That is, investors can pay up to Rs 500 per ten grams. In such a situation, if someone buys a 10 gram gold bond through digital payment, then they will pay Rs 4,757 instead of 4,807.

Tata Group makes rich investors, earns Rs 13 lakh a year

State Bank of India has given customers 6 features of Sovereign Gold Bond. Let us know what SBI has said by tweeting –

Liquidity: Bonds are subject to liquidity on stock exchanges within fifteen days of issuance.

Return Guarantee: The key issue is that investors get the benefit of raising the price of gold. Additionally, they also receive a guaranteed fixed interest of 2.5% on the investment amount.

Tax Exemption: Long-term capital gains tax will be levied on it after three years (capital gains tax will not be charged on hold until expiration)

Loan Facility: At the same time, it can be used to its credit. These bonds have a maturity of 8 years and can be issued prematurely only after the 5th year.

Exemption and charging from GST : Exemption from GST and levying fees such as physical gold.

Free from storage problem: One does not even have to face the problem of maintaining digital gold.

PM Kisan: State governments have stopped paying about 2 crores of farmers, check the list immediately, do you have your name on it?

How far can gold prices go?

Despite the corona crisis, gold remains an investor-preferred medium and will continue to be bullish in the long term, says Anuj Gupta, vice president (commodity and currency) of IIFL. By Diwali this year, gold could again reach Rs 55,000, he says.

Disclaimer: The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.