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Personal Finance
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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?

21mo ago
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WobblyBagel
WobblyBagel
Stealth21mo

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

BouncyPickle
BouncyPickle
Arrow Electronics21mo

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

MagicalQuokka
MagicalQuokka
Stealth21mo

Gold biscuits also have making charges at many jewellers

BouncyPickle
BouncyPickle
Arrow Electronics21mo

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

SillyDonut
SillyDonut
TCS18mo

Now

DerpyQuokka
DerpyQuokka
EY21mo

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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