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?

14mo ago
RashWorld57
RashWorld57

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

EngINeer
EngINeer

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

AITookMyJob
AITookMyJob

Gold biscuits also have making charges at many jewellers

EngINeer
EngINeer

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

Sherlock007
Sherlock007
TCS11mo

Now

ElonMast
ElonMast
Amazon14mo

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

AdamSmithh
AdamSmithh
EY14mo

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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