new Delhi : Interest rates on bank deposits (BANK DEPOSITS) and other investments have been reduced, but the price of gold is increasing with every day. And experts believe that this will increase even more in the coming times. In such a situation, everyone wants to invest in gold. Gold prices are touching 57000 level today and if you feel that you would have bought gold when it was cheaper then today you have the last chance to buy gold cheaply from the market price. Actually, today is the last day of investment in gold through the fifth installment of the Sovereign Gold Bond Scheme of RBI. Under this scheme, the RBI has fixed the issue price of gold at Rs 5,334 per gram. That is, you can buy gold at this price. Those applying online and paying for this bond will get a rebate of Rs 50 per gram. For such investors, the issue price of gold bonds will be Rs 5,284 per gram.
What will be the benefit? We have already told you that you will get gold at a cheaper price from the market, besides, you must have noticed that at the moment, gold is the most excellent means of investment.
Tax (TAX) will also be exempt A person investing in gold bonds (GOVT GOLD BONDS) can buy a maximum of 500 grams of gold bonds. At the same time, under this scheme you can invest at least one gram. The most important thing about this scheme is that you can save tax by investing in it. Investment under the scheme will get 2.5% per annum.