BouncyPickle
30moSovereign 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?
30mo ago
WobblyBagel
30mo
Well, at least SGBs don't make you lose ~10% of value in making charges and return charges.
BouncyPickle
What if gold biscuits are taken? Making charges won't apply then. Only GST will apply
MagicalQuokka
30mo
Gold biscuits also have making charges at many jewellers
BouncyPickle
So does anyone know when the next issue of SGB will open? Missed the one which ended on Sep 15
SillyDonut
27mo
Now
DerpyQuokka
30mo
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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