πThe valuation of SGBs is determined by the average closing price of 999 purity gold over the preceding three working days before the subscription period.
π2.5% interest is annually, interest is paid semi-annually 1.25% each
πIf the SGBs are retained until maturity (8 years), the ultimate redemption amount qualifies for exemption from capital gains tax.
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Posted On: 12 Feb 2024 5:57 PM