if held till maturity, the gains were fully tax-free (hence most tax-efficient), and also paid 2.5% per annum in semi-annual interest (as extra income). There is no other gold option like this.
The Bonds bear interest at the rate of 2.50 per cent (fixed rate) per annum on the amount of initial investment. Interest will be credited semi-annuallyto the bank account of the investorand the last interest will be payable on maturity along with the principal. 15. Who are the authorized...