Secure, profitable, and backed by the Government of India, SGBs offer a unique blend of safety and growth potential for your investments. It frees you from the hassles of keeping physical gold. Issued by the RBI, it is not only a safe option but also offers assured additional interest on capital. (SGB 2023-24 Series III. offers assured interest of 2.5% per annum on capital with instant discount of Rs.50 per gram on online payment.) It offers exemption from capital gains taxes if you stay invested till maturity (8 years). Benefit of indexation is available if redeemed after 5 Years.
Why to invest in SGBs?
- No storage hassle and making charges unlike physical gold. Thus eliminates the risks and costs of holding physical gold.
- Safe investment option backed by Govt of India.
- It offers exemption from capital gains taxes if you stay invested till maturity (8 years)
- Benefit of indexation is available if redeemed after 5 Years.
- GST and TDS not Applicable
- Can start with a minimum investment of 1 gram.
- Earn 2.5% p.a. assured additional interest on capital disbursed biannually. (SGB 2023-24 Series III)
Disclaimer: The ideas and thoughts expressed in this article are not any kind of investment advice intended to influence anybody to take investment decisions. Please note that the numbers shown in the article are not accurate. Please consult your advisor before taking any investment decision.
