Finance
Khopdi TodSGB 2020-21 Series IV: Babu Bhaiya ka Gold Jackpot!
Arre bhai log, suno suno! RBI ne bola hai ki SGB 2020-21 Series IV ka jaldi chutti ka time aa gaya hai, 14 January se! Ab tum log Rs 13,929 mein nikal sakte ho, samjhe? 185% ka profit mil raha hai, waah bhai waah! Jo logon ne 10 units liye the, unko milenge Rs 1,39,290! Babu Bhaiya keh raha hai, paisa toh badiya hai, par soch samajh ke nikalna, samjhe kya?
few days ago | Amit Kumar
Quick rundown
1.RBI allows early redemption of Sovereign Gold Bonds from January 14.
2.Investors see a 185% gain on the 2020–21 Series IV bonds.
3.Redemption price set at Rs 13,929 per unit, a significant appreciation.
4.SGBs offer tax-free capital gains on redemption with RBI.
5.The SGB scheme is discontinued for new issuances post-2024.
