Get the app
Personal Finance
Personal Finance
on
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?

27mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
WobblyBagel
WobblyBagel
Stealth27mo

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

BouncyPickle
BouncyPickle
Arrow Electronics27mo

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

MagicalQuokka
MagicalQuokka
Stealth27mo

Gold biscuits also have making charges at many jewellers

BouncyPickle
BouncyPickle
Arrow Electronics27mo

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

SillyDonut
SillyDonut
TCS24mo

Now

DerpyQuokka
DerpyQuokka
EY27mo

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.

Discover more
Curated from across