How to buy a gold investment bond?

 How to buy a gold investment bond?

Gold is considered to be the best investment. So if you want to invest in gold you can buy gold jewelry or buy gold online or buy gold investment securities. There are many benefits to gold investment securities. It also has an income tax deduction for deductible sales. Another special feature is the interest rate of two and a half per cent per annum.

The price of this year's gold investment bond has been announced by the Central Government as Rs 4912. In the previous announcement, the price of a gram of gold was Rs 5104.

You can invest in gold bonds with confidence because economists say that investing in gold bonds will give you good returns as the price of gold rises day by day and these bonds can be kept for up to eight years in between. Remember to pay taxes.

Where to buy gold bonds?

If you want to buy gold investment securities you can buy them at your nearest Nationalized Bank, or at post offices.

How to get a discount:

A discount of Rs 50 is offered on gold investment securities purchased online. That is, if you keep 1 gram of gold at 4912 rupees, it is enough to pay 4862 rupees.

Benefits of Buying Gold Bonds:

1. Since gold investment is in the form of bond there is no need to worry about thieves fear and fraud.

2. You can buy gold in full without any extra cost like labor, damage, GST etc.

3. Individuals, joint families, companies, trusts, etc. can buy at least one gram of gold investment as security.

4. Gold investment securities are available at 2.5% interest and are tax deductible.

5.8 No capital tax will be levied on the income of gold bonds operated thereafter, which is not the case in any other gold investment system.

6. Gold bonds can be mortgaged even if cash is required.