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BouncyPickle
BouncyPickle
Arrow Electronics

Sovereign Gold Bonds

Are SGBs worth it? What happens if we buy from the secondary market instead of RBI? How is the interest calculated for those? Is the interest taxed as per slab?

15mo ago
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WobblyBagel
WobblyBagel
Stealth15mo

Well, at least SGBs don't make you lose ~10% of value in making charges and return charges.

BouncyPickle
BouncyPickle
Arrow Electronics15mo

What if gold biscuits are taken? Making charges won't apply then. Only GST will apply

MagicalQuokka
MagicalQuokka
Stealth15mo

Gold biscuits also have making charges at many jewellers

BouncyPickle
BouncyPickle
Arrow Electronics15mo

So does anyone know when the next issue of SGB will open? Missed the one which ended on Sep 15

SillyDonut
SillyDonut
TCS12mo

Now

FluffyCupcake
FluffyCupcake
Amazon15mo

Wint wealth has a good video on SGBs from secondary market, go search that.

DerpyQuokka
DerpyQuokka
EY15mo

They are safe investment with moderate gains but the only problem is that they have long waiting times of 8-10 years before the investment is matured.

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