Is it true that you earn interest on sovereign gold bonds (SGBs)?
Answer
Answer
Yes, this is absolutely true. Other than the fact that sovereign gold bonds (SGBs) are easy on the taxation front, they also earn interest of 2.5% per annum for its subscribers.
The interest will be earned from the date of issuance and will be paid bi-annually and the last interest will be paid on maturity along with the principal amount.