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Sovereign gold bond bonanza: RBI sets Rs 12,039 redemption price for 2018–19 Series-I; investors to earn nearly 293% return – should you redeem or hold longer?

The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2018–19 Series-I, issued on May 4, 2018, under the Government of India’s Sovereign Gold Bond Scheme, according to an ET report. Eligible investors can opt for early redemption of their holdings on November 4, 2025, in line…

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Triple bonanza this Diwali: How income tax cuts, GST reductions & repo rate cut have put around Rs 1.5 lakh in your pocket – explained

In this article, we take a look at how irrespective of the income level you are at, there is more money in your pocket thanks to either tax cuts, EMI reductions or a combination of both. (AI image) This Diwali, you have more disposable income in your hands thanks to a triple bonanza of government’s…

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