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Invest In Gold Bond - Let your Future Glow

Updated: Aug 6, 2020

Sovereign Gold Bond Issue opens from Aug 03-07, 2020. Gold bonds will give 2.5% interest, no GST, tax savings and Value accumulation.


2020-21 Series V SGB issue details

Offer period :August 3 to 7, 2020 (the bonds will be issued on August 11)

Issue Price :Rs 5,284 (per gram of gold)

Maturity :Eight years with exit option from the fifth year to be exercised on interest

payment dates; these bonds will be eligible for trading from the date as

notified by the RBI

Subscription limits for individuals :

A minimum 1 gram of gold and a maximum 4 kilogram of gold per person in

a fiscal (the April-March period); available in units of 1 gram of gold and

multiples thereof

Subscription limits for trusts and other institutions :

A minimum 1 gram of gold and a maximum 20 kilogram of gold per institution

in a fiscal (the April-March period); available in units of 1 gram of gold and

multiples thereof

Taxation :The interest on SGBs shall be taxable as per the provisions of the Income Tax

Act, 1961 (43 of 1961). Individuals are exempted from paying the capital gains

tax arising on redemption of SGBs.

The indexation benefits will be provided to the long-term capital gains arising to

any person on transfer of the bonds.


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