Know the 6 benefits of sovereign gold
Sovereign Gold: If you are going to buy gold then you have a chance to buy cheap gold. Actually, the Reserve Bank of India (RBI) has released the second series of Sovereign Gold Bond Scheme (Sovereign Gold Bond Scheme 2023-24 Series II) for the current financial year. Subscription for the second tranche of FY24 of the SGB scheme was opened on September 11, 2023 and will close on September 15, 2023. The benefits of the government’s Sovereign Gold Bond Scheme can be availed by investing only Rs 5,923. This means that for 10 grams you will have to spend Rs 5,923.
In the Sovereign Gold Bond Scheme, you get many big benefits along with cheap gold. The country’s largest bank SBI has given this information by tweeting. You have the chance to avail this benefit only till 15th September i.e. you still have one day left.
Know the 6 benefits of sovereign gold
Investors investing in Sovereign Gold Bond get the benefit of interest at the rate of 2.5 percent per annum.
Exemption is available in capital gains tax.
Sovereign gold bonds can be used as collateral.
Apart from this, there is no security tension of any kind.
Sovereign gold bonds can be easily traded on stock exchanges.
There is no GST and making charge on buying gold.
