Sovereign Gold Bond(SGB) - Series 2
Sovereign Gold Bond(SGB) - Series 2
SGB series 2 will be available between 22 Aug - 26 Aug 2022
SGB series 2 will be available between
22 Aug - 26 Aug 2022
SGBs are gold bonds issued by RBI as an alternative to physical gold.
SGBs are gold bonds issued by
RBI
as an alternative to physical gold.
What is SGB?
What is SGB?
1. There is no capital gain TAX on SGB if the holding period is more than 8 years.
1.
There is no capital gain TAX on SGB if the holding period is more than 8 years.
Benefits of SGB?
Benefits of SGB?
2. Earn 2.5% INTEREST per year on the bonds for the next 8 years of the holding period.
2.
Earn 2.5% INTEREST per year on the bonds for the next 8 years of the holding period.
3. No MAKING charges like in the case of physical gold.
3.
No MAKING charges like in the case of physical gold.
4. No cost of STORAGE or safety risk, unlike physical gold.
4.
No cost of STORAGE or safety risk, unlike physical gold.
5. No gold PURITY risk as in the case of physical gold.
5.
No gold PURITY risk as in the case of physical gold.
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