therefore trust in the Government’s scheming on everything from being enticed to hand in their gold (gold monetisation scheme), to being channeled into a paper gold scheme (gold bond scheme), to being forced to pay excessive import duties and taxes (resulting in widespread smuggling) is limi...
Gold Sovereign Bond Scheme:In order to encourage passive but direct gold investment, as an alternative to purchasing physical gold,Modi led Governmentsanctioned a Sovereign Gold Bond Scheme in November 2015. Under this scheme, investors have to pay the issue price in cash ...
Sovereign Gold Bonds are government securities provided in grams of gold where you need to pay in cash. The bond is issued by the Reserve Bank of India. At the time of maturity, the bonds will be redeemed in cash based on simple average of closing price three days prior from repayment as...
The crises at Silicon Valley Bank, Signature Bank, and Credit Suisse are making investors take shelter in gold as a safe-haven asset. Weakness in US bond rates pulled the Dollar index lower, pushing gold prices higher. Gold prices have hit a lifetime high in India, Australia, and the...
If a person is unable to utilize the capital gain or invest the same in another property or bond before the tax filing due date which is usually 31 Jul, then he can invest capital gain with Capital Gains Account Scheme (CAGS) to buy more time. He can easily withdraw at the time of ...
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed...
HDFC Gold Fund (G) Axis Gold fund (G) SBI Gold Fund (G) Nippon India Gold Savings Fund (G) IDBI Gold ETF (G) Invesco India Gold ETF (G) Aditya Birla Sun Life Gold ETF (G) SBI Gold ETF (G) HDFC Gold Exchange Traded Fund (G) Sovereign Gold Bond Digital Gold Buy Physical Gold...
sale date), on the type of assets such as property or Gold or stocks or equity Mutual Funds. Generally, the rules for classifying short and long-term capital gains are as follows. The image below shows the Short and Long Terms for different types of assets and thetableexplains it in ...