The Securities and Exchange Board of India (SEBI) released a consolidated Master Circular on June 24, 2024, to outline the comprehensive regulatory framework for Electronic Gold Receipts (EGRs). These digital instruments, which are classified as securities, represent physical gold stored in vaults and are traded on recognized stock exchanges. Understanding Electronic Gold Receipts (EGRs) Gold has long been traditionally held in physicalRead More
Product Reviews
Taxation of Gold Investments for NRIs in India | All Types Explained
Gold remains a cornerstone of Indian portfolios, blending cultural appeal with financial prudence—especially for NRIs seeking diversification amid rupee volatility. Whether you’re buying physical bars for your locker or digital gold via apps, understanding the taxation of Gold Investments for NRIs is crucial to avoid surprises from the Income Tax Act, 1961, and GST laws.Read More
Reality Behind Gold Purchase Schemes
Gold purchase schemes offer a structured and affordable way for individuals to accumulate gold through regular, manageable monthly payments with jewellers or banks. These plans enable customers to gradually save up and purchase gold jewellery, coins, or bullion. They often come with added benefits such as discounts on making charges or value additions at maturity.Read More
Fixed Income Options for Assured Income
Most Investors who prefer not to invest in Mutual Funds or Equities often ask, “What are the fixed income options for assured income?” Investors look for fixed income options on a periodic basis, mostly monthly. They also want their principal to be intact. Is this possible? Yes, very much, and there are multiple options. JustRead More
12 Factors Affecting Gold Price
Gold has long been considered a symbol of wealth, security, and status, especially in India. For centuries, it has been woven into the cultural fabric, used in weddings, festivals, and religious ceremonies, and remains a popular form of investment. With its perceived stability, gold is often seen as a safe haven in times of economicRead More
Ayushman Bharat Senior Citizen Scheme
The Indian government has extended the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to cover all senior citizens above the age of 70, irrespective of their socio-economic status. This decision, announced by the National Health Authority, marks a pivotal step towards achieving universal health coverage in India. Why Ayushman Bharat for Senior Citizens aboveRead More