BEWARE OF FAKE INSTITUTES WITH SIMILAR NAMES. blank    blank
banner

Sovereign Gold Bond



  Jun 12, 2024

Sovereign Gold Bond



Section Description
What are SGBs Government securities denominated in grams of gold, issued by RBI on behalf of Government of India
Why Issued Fiscal Stability: Reduce demand for physical gold and provide a secure avenue for gold investment
Features Price: ₹5,923 per gram; ₹5,873 for digital payments; Interest Rate: Fixed at 2.5% p.a., paid semi-annually; Maturity: 8 years, option for premature redemption after fifth year; Tax Benefits: Capital gains at maturity are tax-exempt, interest is taxable
Benefits Earnings: 2.5% annual interest; Tax Efficiency: No capital gains tax if held until maturity; Liquidity: Tradable on stock exchanges; Convenience: Can be held in a demat account


SRIRAM's


Share:
 

Get a call back

Fill the below form to get free counselling for UPSC Civil Services exam preparation

 
UPSC DAILY CURRENT AFFAIRS

 
CHANDRAYAAN-3: A YEAR of ACHIEVEMENTS
 
VIZHINJAM: INDIA’S FIRST DEEP-WATER TRANSSHIPMENT PORT
 
‘AANKH MICHOLI’
 
CHINA FACTOR IN INDIA-RUSSIA RELATIONS
 
CVF and climate finance negotiations
 
CBI JURISDICTION AND STATE CONSENT
 
Beej Utsavs (Seed Festivals)
 
SILK ROUTE THROUGH KALIMPONG AND SIKKIM
 
RHODODENDRON NIVEUM, THE STATE TREE OF SIKKIM
 
OPERATION DHANUSH NEAR LOC
 
French Revolution and India
 
RBI’S MONETARY POLICY STANCE
 
French Revolution and India
 
MUSLIM WOMEN UNDER SECTION 125 OF CRPC:
 
BASTILLE DAY