Sovereign Gold Bond Scheme 2023-24
The Sovereign Gold Bond Scheme 2023-24, initiated by the Government of India and managed by the Reserve Bank of India, offers a method for individuals and entities to invest in gold without the need to hold physical gold. It provides a fixed interest rate and tax benefits on capital gains, making it an attractive option for long-term investment in gold. The scheme includes a series of bonds with various subscription and redemption features, aimed at different investor needs and preferences.
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