Should you invest in current tranche of sovereign gold bonds?

Should you invest in current tranche of sovereign gold bonds?

Investment advisors say the bonds offer a good portfolio diversification option. They also offer the twin benefit of capital appreciation and regular returns, besides not having the risk of handling like physical gold. The 7th tranche of Sovereign Gold Bonds (SGBs) which is now open for subscription provides a good option for portfolio diversification coupled with an element of stability, say investment advisors. “We would advise investors to invest in SGBs, especially those who don’t have any exposure to gold as it will help in hedging their portfolio,” says Aasif…

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TDS – Paying the government when you get paid

TDS – Paying the government when you get paid

If you are under the impression that you pay tax only while filing income tax returns; you are wrong. Tax is deducted before the income reaches your hands, and hence the term TDS (Tax Deducted at Source). Accept it, the government’s smarter than you think it is. Expenditure, like payments as salary, payments to freelancers and consultants, payment of rent, commission income from lotteries and interests from banks are taxed or reach the receiver only after a tax deduction. When a payment is made under any of the above mentioned…

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