Showing posts with the label investment in gold bonds

Sovereign Gold Bonds Schemes:(SGBs)

My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  Sovereign Gold Bonds Scheme : (SGB) Introduction:- What is SGBs?         The Government of India introduced the Sovereign Gold Bond Scheme in the year 2015. It offers investors an alternative to their own gold. These bonds are belonging to the debt fund category.         Over the years, there is considerable decline in the demand for physical gold due to upward prices. As the feature of  (SGBs) , it not only tracks the import-export value of the asset but also ensures transparency at the same time.         Sovereign Gold Bonds are government securities and are considered as safe investment . Value of SGBs is denominated in multiples of gold grams . No a days there is a significant increase in investors, with a thought of substitute for physical gold.         If anyone is looking to purchase an SGB, then all you have to do is approac