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Sovereign Gold Bond Scheme FAQs by kamlesh is a document available to read on EtoBox.

The Sovereign Gold Bond (SGB) scheme provides a superior alternative to physical gold, with benefits like market value protection and no risk of storage or purity issues. There are minimal risks if gold prices decline slightly. Indian residents and trusts can invest, with a minimum of 1 gm and maximum of 4 kg per fiscal year. Interest is paid semi-annually and capital gains are tax exempt on redemption. The bonds can be prematurely redeemed after five years and are eligible for loans or gifts.

Author

kamlesh

Language

EN