Why Government may Discontinue Sovereign Gold Bond Scheme? | Budget 2024 | Economy

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  • Опубліковано 30 лис 2024

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  • @Cadet.VAIBHAV_PAL
    @Cadet.VAIBHAV_PAL 4 місяці тому +87

    11:33 A) 11th Five Year Plan
    The 11th Five Year Plan (2007-2012) of India had "Inclusive Growth" as its main theme, aiming to achieve broad-based improvement in living standards and ensuring that the benefits of growth reach all sections of society.

    • @Prakhar4g
      @Prakhar4g 4 місяці тому

      It's 11:25

    • @mm97464
      @mm97464 4 місяці тому +1

      11.33 actually 😂

    • @Prakhar4g
      @Prakhar4g 4 місяці тому

      @@mm97464 😂

  • @debasishraychawdhuri
    @debasishraychawdhuri 4 місяці тому +386

    The Government did not expect the gold prices to increase so fast.

    • @mandeepj6340
      @mandeepj6340 4 місяці тому +32

      I made nearly 50% profit from my investments in gold over a span of 2 years(2021-2023). I was also shocked.

    • @realSamarthT
      @realSamarthT 4 місяці тому

      ​@@mandeepj6340 🎉

    • @creativemaster007
      @creativemaster007 4 місяці тому

      Russian war . And America stealing Russian dollar reserves.

    • @sonumahanta1531
      @sonumahanta1531 4 місяці тому

      ​@@mandeepj6340 how did you invested.. Pls mention

    • @nikboyz1
      @nikboyz1 4 місяці тому +23

      Then what kind of government it is who cannot trace and predict prices when the whole economic ecosystem is tilted by them

  • @jais330
    @jais330 4 місяці тому +317

    Government wants all other investment options to vanish and then charge heavily on capital gains.

    • @millennialmind9507
      @millennialmind9507 4 місяці тому +23

      Actually no one is going for fixed deposits, so how will they issue loans to big businesses 😅

    • @abhishekdeo9461
      @abhishekdeo9461 4 місяці тому

      11:44 %😂😢a

    • @sunitrocks007
      @sunitrocks007 4 місяці тому +11

      Next time vote nahi dunga 😊😊😊😊

    • @tusharranjan1723
      @tusharranjan1723 4 місяці тому

      ​@@millennialmind9507 Rbi will loan the money to banks to give loan to bussinessman

    • @anonymouseniller6688
      @anonymouseniller6688 4 місяці тому

      ​@@millennialmind9507seriously? If they want more fd investment, they should bring back the old fd rates.
      The fd interest rates used to be higher in the past to attract investors. It went down after it got popular.

  • @saurabhsobhari1308
    @saurabhsobhari1308 4 місяці тому +556

    सरकार को 2017-18 SGB सीरीज का पेमेंट करना है, कस्टम ड्यूटी कम करके मार्किट रेट 5% तक कम कर दिए अब सरकार को पेमेंट भी कम करना होगा। इससे सरकार को 9000 करोड़ का फायदा हुआ है।कुछ समय बाद कम हुए टैक्स को gold पर GST बढ़ा कर compansate कर लिया जाएगा।😂😂

    • @SunilKumar-ju2ij
      @SunilKumar-ju2ij 4 місяці тому +24

      😂😂😂 ab bolo gold Lena safe hai

    • @shrikantmishra2136
      @shrikantmishra2136 4 місяці тому +41

      सरकार को तो फायदा हो गया पब्लिक को तो ठग लिया

    • @pavanhundurake5096
      @pavanhundurake5096 4 місяці тому +13

      After 2014 😂😂😂😂

    • @sairamshetty3658
      @sairamshetty3658 4 місяці тому +27

      Anyways now people will start buying Solid gold with lower tax. Now burden of foreign exchange is on government

    • @valueinvestor668
      @valueinvestor668 4 місяці тому +10

      Gold price tanked all over the world not only india

  • @get2dude2000
    @get2dude2000 4 місяці тому +91

    Now getting a sense that govt is working like some project management company... Often scrap many new initiatives

  • @gauravlakshmi3682
    @gauravlakshmi3682 4 місяці тому +184

    I was waiting to take SGB..!!
    Already taken..!! Waiting for another trenche..😢

    • @abhishantprasad
      @abhishantprasad 4 місяці тому +18

      Maine 2017 me 30000 aur 40000 me 6lacks ka khareeda tha aur 65000 per sell kar Diya tha good return ke Karan. 😊😊😊

    • @Rana-yc7ok
      @Rana-yc7ok 4 місяці тому +1

      Tranche not trenche

    • @Mrhiest292
      @Mrhiest292 4 місяці тому +16

      Gov manipulate karta ha gold ka price ... Abhi 2015 ka locking khatam hone wala tha to ces ghata ke rate gira diya 😢

    • @k.mukherjee8601
      @k.mukherjee8601 4 місяці тому +1

      I am also waiting. Govt should release sgb.

    • @onceajordan
      @onceajordan 4 місяці тому

      ab shayad hi aaye kabhi

  • @Rigved_dec18
    @Rigved_dec18 4 місяці тому +40

    The market run so fast in past 5 yrs that even gold bond doesn’t perform better than mutual funds.

    • @KesaAcc
      @KesaAcc 2 місяці тому

      Last year Gold gave better returns than nifty Fifty

  • @laishramnorenjit2635
    @laishramnorenjit2635 4 місяці тому +172

    This government is the biggest curse to the common people

    • @ashiqdey
      @ashiqdey 4 місяці тому +5

      lol

    • @Hindkasitaraa
      @Hindkasitaraa 4 місяці тому

      Every government is the biggest curse to the common people

    • @nitinkumar29
      @nitinkumar29 4 місяці тому +8

      exactly...anpad govt hai.

    • @abhishekbhardwaj7764
      @abhishekbhardwaj7764 4 місяці тому +2

      Indeed...all of them are same..

    • @ashiqdey
      @ashiqdey 4 місяці тому +7

      @@laishramnorenjit2635 no body wants to pay everybody wants govt to pay people
      IDK how many years it will take to make educated indian
      Knowledge of economics, tax, inflation, capital making, retirement planning are still alien to my country people

  • @Rigved_dec18
    @Rigved_dec18 4 місяці тому +19

    The SGB series issued after covid was already at higher prices. People investing before covid is set to get benifit.

  • @naushadahmad8882
    @naushadahmad8882 4 місяці тому +237

    Eesi liye amir log sarkar par bharosa nahi karte hai

    • @TradingWithPanwar
      @TradingWithPanwar 4 місяці тому +38

      🤡 Apaki Koum Bharosha Nahi Karti 😂😂

    • @TradingWithPanwar
      @TradingWithPanwar 4 місяці тому +17

      @@trendinggadgets07 Yahi to Kayamat Hai 🤣 Ham Janant Jayenge Baki Sab Bhikh Mangenge 🤣

    • @klmahawar1215
      @klmahawar1215 4 місяці тому +1

      ​​@@trendinggadgets07zahil jayarin 786*72 😂😂 halala jihadi to sirf rangila rasool pr hi trust krta h

    • @trendinggadgets07
      @trendinggadgets07 4 місяці тому +7

      @@TradingWithPanwar nahi bhai m to fakeer admi hu jhola utha kr chal dunga🤣

    • @TradingWithPanwar
      @TradingWithPanwar 4 місяці тому +8

      @@trendinggadgets07 Ye Batey Batai Nahi Jati Najar Lag Jati Hai🤡 Ye Batey Jam Me Batata Hu To Logo Ke Kalege Fatne Lagte Hai 🤣🤣🤣

  • @LnF1
    @LnF1 4 місяці тому +10

    Hi Sir, just one question,
    I didn't understand why government should pay increased gold amount on bonds, when the tenure comes to end another buyer is ready to purchase that bond on increased amount ??

  • @prabirmallick9743
    @prabirmallick9743 4 місяці тому +24

    Loss is notional not actual. Gold prices are going to increase worldwide in the future. Hence hold it and sit tight.

    • @cool_Pratham
      @cool_Pratham 4 місяці тому +2

      You cant hold SGB after maturity date … like physical gold

    • @travellerca2398
      @travellerca2398 4 місяці тому +1

      ​@@cool_PrathamTo maturity date pe paise aate hi physical gold le lena.
      What's a big deal in that.

    • @abhishekroy8754
      @abhishekroy8754 4 місяці тому

      This loss is permanent because without this superficial fall, gold would anyway would have gone up.

    • @Sushantsrivastava11
      @Sushantsrivastava11 4 місяці тому

      ​@@travellerca2398
      Not a good idea to hold gold in such quantity
      As it was in electronic form

  • @RohitPatil-13aug96
    @RohitPatil-13aug96 4 місяці тому +458

    Ye sarkar karti phele hai sochti badh mai hai 😂

    • @samsne88
      @samsne88 4 місяці тому +63

      Anpadh sarkar hain... isliye 😂

    • @omprakask9022
      @omprakask9022 4 місяці тому +46

      ​@@samsne88congress ke konsi padhi likhi thee😂😂

    • @LazyLad-qy5vp
      @LazyLad-qy5vp 4 місяці тому +50

      ​@@omprakask9022Congress was far better when it comes to economy.

    • @SurajKumar-rz5fy
      @SurajKumar-rz5fy 4 місяці тому +12

      ​@@omprakask9022Mein dono party se naakush hoon

    • @SurajKumar-rz5fy
      @SurajKumar-rz5fy 4 місяці тому +14

      ​@@LazyLad-qy5vpapki age kya hai

  • @ashiqdey
    @ashiqdey 4 місяці тому +7

    its not wipe out, its not destruction
    Its just that those who had gold those value had reduced, had they been holding for more than a year all are still in profit
    also those who will buy will get it in dicount now

  • @shreyaskhairnar2440
    @shreyaskhairnar2440 4 місяці тому +22

    A common indian household didn't buy gold for the investment , They buy gold as a prestige 😂

  • @facttact5185
    @facttact5185 4 місяці тому +25

    Aapne yeh nahi bataya ki sarkar ne intentionally gold price ghata diya taki use august me mature hone wale bonds me kam payment karna pade
    Government ne ek tarah se gold bond kharidne walo se cheat kiya hai

    • @aftab_traveltube
      @aftab_traveltube 4 місяці тому

      Exactly government ko nuksaan ni hua hai…government ne cheat kiya h common people ko who believed in government and its institutions

    • @divyanshw4208
      @divyanshw4208 3 місяці тому

      Hahaha

    • @SuperGetoverhere
      @SuperGetoverhere 3 місяці тому

      7 saal mein 100% se jyada return or goverment ne cheat kiya hai? wah re wah bhondu.

    • @Sumit-wo8pq
      @Sumit-wo8pq 3 місяці тому +1

      Lol

  • @mirzaahteshambaig9197
    @mirzaahteshambaig9197 4 місяці тому +8

    It is misleading to tell people that Indian govt. has to pay the difference between buying price and selling price of SGB. To the best of my knowledge govt of India buys gold equivalent to SGB bought in market. They only have to pay the the interest amount which is no big deal until and unless they know how to use that gold or money properly. And this is how staking platforms works, we stake our assets and in return we get something and also our asset irrespective of price of asset. Just tell govt of India is incapable of handling it.

  • @rajivkarna3580
    @rajivkarna3580 4 місяці тому +10

    2.5% PA interest rate applicable on bond ticket price and date of bond issue. Government has to pay 2017-18 SGB series. The gold price was 31,000 during 2017-18. It's 70,000 now. It means the bond holder is getting approximately 8.5% CAGR return.

    • @unic2253
      @unic2253 4 місяці тому +1

      No, interest of 12.3% for 7yrs(2017 june to 2024 june).
      For 31000 to 70000.

    • @gggggghsa7756
      @gggggghsa7756 4 місяці тому +1

      Also no tax

  • @effy5920
    @effy5920 4 місяці тому +4

    The government has forgotten its not a business but a trust for doing good for the people and deliver justice and truth

  • @pragatirpatra
    @pragatirpatra 4 місяці тому +40

    There is an other way of seeing this. With the uncertainty of world order, RBI and other governments are buying gold recently. The problem with RBI buying the gold is there is a limitation of fund. I see with reduction in duty - government is pushing people to purchase gold ( not paper gold ) and save it for long term. War is brewing, I certainly see this step a chance to buy and accumulate physical gold.

    • @vinodkadlaskar2028
      @vinodkadlaskar2028 4 місяці тому +6

      Makes perfect sense

    • @k.mukherjee8601
      @k.mukherjee8601 4 місяці тому

      Is mmtc gold safe, if I buy from their retail outlet? Should we doubt on there purity of gold?

    • @ExMuslimProphetMuhammad
      @ExMuslimProphetMuhammad 4 місяці тому +2

      Exactly

    • @ExMuslimProphetMuhammad
      @ExMuslimProphetMuhammad 4 місяці тому

      ​@@k.mukherjee8601there's Hallmark on gold with certificate you can check that. Also along with that you can check purity of gold with specific gravity experiment

    • @thenua
      @thenua 4 місяці тому +6

      GoI after reading your comment- "Arey ye toh ham bhi nhi soch paaye ! "🤔
      Bhai Government ko sirf FD main investment badhaana hai, aur jis tarah ki chindi harkaten Government pehle bhi kar chuki hai paise ke liye usse mujhe poora vishwas hai ki ye Gold Bond main kam payment karne ke liye hi Gold prices ko disturb kiya gya hai

  • @TrueCommentsOnly
    @TrueCommentsOnly 4 місяці тому +224

    फ्री का राशन....
    फ्री की बिजली ....
    फ्री के घर ...
    फ्री की सब्सिडीज....
    किसान सम्मन निधि....
    लेबर सब्सिडी
    रिजर्वेशन सिस्टम..
    यह सब कुछ बंद होना चाहिए....
    20 लाख तक इनकम टैक्स ......
    केवल एक ही टैक्स सिस्टम .....
    एजुकेशन और मेडिकल सर्विसेज ही फ्री होनी चाहिए

    • @Kaksjsjs652
      @Kaksjsjs652 4 місяці тому +15

      Mitro sapna mat dekho😂

    • @Eagle2908
      @Eagle2908 4 місяці тому +8

      Dena 10℅ lena 50℅

    • @Sahulearning
      @Sahulearning 4 місяці тому +7

      ऊपर di हुयी सारी बाते mujhpar lagu nahi hoti hain

    • @rahulgour4093
      @rahulgour4093 4 місяці тому +3

      एजूकेशन और मेडिकल ये दोनों नहीं फ्री होगी बाकी सब हो सकता हैं

    • @Mrvaibhav256
      @Mrvaibhav256 4 місяці тому +1

      Ye sab karne k baad sarkar gir jayegi

  • @shashisharma4355
    @shashisharma4355 4 місяці тому +2

    People shouldn’t purchase gold now instead should invest in stocks. In olden times Gold was a sort of security to be used in difficult times. Now banks can definitely lend money so one need not to worry about the funds required in difficult times.

  • @studentkumari8540
    @studentkumari8540 4 місяці тому +5

    35k se 75k ke bich mai jab daba kar kamaya tab thik tha abhi rate thoda kam huaa to nuksaan kaisa? Us time kamaya bhi profit

    • @unic2253
      @unic2253 4 місяці тому +2

      Yes. Ab log sasta kharid sakte hai toh inhe problem hai.

  • @gmaharshi19
    @gmaharshi19 4 місяці тому +2

    After the fall of 7% market recovered and is now at all time high .. woh bhi toh batayiye .. picture complete toh kariye .. asset price rise hota hai toh gain bhi toh hota hai ..

  • @mritunjaykumar2917
    @mritunjaykumar2917 4 місяці тому +1

    plan document has a subtitle ” Inclusive growth” ? Answer: 11th Five year Plan ✔✔✔🙏🙏🙏✔✔✔

  • @Sandy-rm3if
    @Sandy-rm3if 3 місяці тому +2

    They have reduced custom duty just for redemption of bonds. Once Bonds are redeemed at reduced price they will again increase it. Wait for 3-6 months.
    SGB holders are being fooled.
    SGB they have paid that huge amonut but on PPF which has 15 year locking peroid they can't pay even 8%. For last two and half years its 7.1%. Whereas Employee PF is paying 8.5%.
    PPF rate should be aligned with EPF rates.

  • @Oblivion270
    @Oblivion270 3 місяці тому +1

    Did the govt launch it to reduce gold exports?
    If yes, was the purpose not served?
    Why govt wanted people to not buy gold in first place? Was it something strategical?

  • @mahavirbothra1620
    @mahavirbothra1620 3 місяці тому +1

    Small midium saving( ppf fd /पोस्ट)का भी यही हाल है..पब्लिक को ठगी करके बड़ी कंपनियां को सपोर्ट करना..सरकार चाहती है देश में अमीर गरीब की खाई बहुत गहरी रहे ❤

  • @RaushanKumar-yy7ns
    @RaushanKumar-yy7ns 4 місяці тому +4

    Sir ji mera ek question tha
    Ki jo SGB sell hua h us Paisa ko government kahi invest krke uspr intrest earn kr hi rahi hogi
    To sarkar ko Loss kaise hua

  • @PawanSharmaBaru
    @PawanSharmaBaru 4 місяці тому +8

    Government is for themselves not for common citizens,

  • @adityachakraborty9973
    @adityachakraborty9973 4 місяці тому +1

    Ridiculous budget and now this!!!! What a fall from grace for this government.

  • @makardhwaj2005
    @makardhwaj2005 4 місяці тому +1

    If it was Gold Bond, govt should have bought Gold out of that. , why feeling nervous paying back profit who invested in bond instead if FD

  • @PathakFX
    @PathakFX 4 місяці тому +12

    Sarkaar ke pas risk analysis team nhi hai? When gold reached 1670$ per ounce, whole world was knowing gold will make ATH. Government should have buyed then. When gold reached ATH, tab jake government buy kregi whats use?

    • @Up_Wealth
      @Up_Wealth 4 місяці тому

      Average AIS ka idea hoga bhai

  • @shushantshukla673
    @shushantshukla673 4 місяці тому +3

    Jinhone gold bond m invest kar rakha h unka kya hoga????

  • @wisemanm6390
    @wisemanm6390 4 місяці тому +96

    Keep buying Gold. World's going into depression!

    • @dannycbe949
      @dannycbe949 4 місяці тому +12

      Physical gold!

    • @nitin_dubey09
      @nitin_dubey09 4 місяці тому

      @@dannycbe949 👍👍

    • @igsm123
      @igsm123 4 місяці тому +14

      I imported gold biscuits worth 20 lakhs via hawala now i will be richer

    • @knowledgeworld5468
      @knowledgeworld5468 4 місяці тому +2

      Bhai recession suna tha ye depression kya hai?

    • @TemporaryAccount-m4g
      @TemporaryAccount-m4g 4 місяці тому

      @@knowledgeworld5468 depression is higher form of recession

  • @avijitghosh9941
    @avijitghosh9941 4 місяці тому +2

    NPS lekar vi video banau sir ji....govt.policy kaya hoga in future me

  • @nehulbhakta1542
    @nehulbhakta1542 3 місяці тому +2

    No wonder why RUPEE tradeing value in international market is lagging in many mejor global currency and competitiveness.

  • @nidhi9812
    @nidhi9812 Місяць тому

    Abb SBG me invest karna chahiye ya nhi pls btayiye

  • @ltgrule902
    @ltgrule902 17 днів тому

    Increase custome duty on gold imports.....i didn't understand why they decreased that much custom duty.

  • @ayushagrawal99
    @ayushagrawal99 4 місяці тому +10

    ankit bhai ne aaj respect kho di, gold, silver pe custom duty kam karne ke fayde bahut hai wo ginao, aur jo ghar me gold pada hai, wo running economy me nahi aata, to uske bhav kam hone se ghanta farak ni padta, ulta log ab jyada kharidege, aur smuggling aur gold tourism bhi kam honga

    • @manamohansahoo111
      @manamohansahoo111 4 місяці тому +1

      Aagar koi investment karna ya finace me loan lena chaha koi business karne keliye toh usko loss toh hua na.samjhe

    • @Motivational_facts786
      @Motivational_facts786 4 місяці тому

      Abe gadhe jo log 2024 me investment ke liye kharidha tha unke kho nuksan Hui na

    • @OmAgarwal05
      @OmAgarwal05 4 місяці тому +2

      Bhai ko kio unemployment, uneducated hone ke bhi faide batao

    • @iamwithjustice.2401
      @iamwithjustice.2401 4 місяці тому

      True

    • @vaibhavchavan4691
      @vaibhavchavan4691 4 місяці тому +3

      So you are happy if the gold which you already bought loses value?

  • @drajiv
    @drajiv 4 місяці тому +2

    Sir there be a different issue ,the savings in bank deposits are decreasing and people are investing in market ,bonds etc and SGB is a very safe instument so govt in trying to cutail SGB but directly they cannot say that...i believe bankers lobby is behind...but i might be wrong

  • @Tylerkingclub
    @Tylerkingclub 4 місяці тому +1

    Nothing to worry. These things come n go whenever there is a change.

  • @dannycbe949
    @dannycbe949 4 місяці тому +4

    The problem with 916 gold is not the worry about its purity..
    But the fact that the government know that you own this unique piece of gold.
    Tomorrow it can be traced to you..and siezed if necessary!!
    End of security and privacy!!
    Your name is immediately tied to the gold

    • @bhargavpandya8302
      @bhargavpandya8302 4 місяці тому

      Cannot be seized

    • @haris1328
      @haris1328 4 місяці тому

      ​@@bhargavpandya8302it happened in USA IN 1930's. Check executive order 6102

  • @apniaawaaza1963
    @apniaawaaza1963 4 місяці тому +1

    The reduction in custom duty will promote more gold imports as Govt. Is ready to forego 9 percent of its earnings in favour of citizen. Govt . Still has not discontinued Sovereign Gold Bond Scheme though the target issue of the fund might have been reduced. This proves that Gold continues to be safe investment even in the eyes of Govt for Indian citizens, as compared to investments in foreign securities. So Existing Gold owners are not put to loss by the reduction in customs duty. Rather they are encouraged to invest more at a lower cost. It is like offering HAL or BEL shares to retail investors at a discount.

  • @bhagatsingh_1993
    @bhagatsingh_1993 4 місяці тому +4

    11:26 🇶 *_Which among the following plan document has a subtitle_* *"Inclusive growth" ?*
    ✅ Answer:- *[🇦] 11th Five year Plan*
    *_जय हिन्द | | जय भारत | | वंदेमातरम् | |_* 🇮🇳 🙏🏽

  • @vishalvaghela7486
    @vishalvaghela7486 4 місяці тому +1

    I think sir ...esa nhi he....sayad ...kyu ki I was employed in Government bank ...aur government PSB ko bahut pressure krti he.... customer ko SGB me invest krvane k liye ...bahut hi jyada.....to agar loss vala scenario hota to ... government PSB ko itna pressure krti hi nahi na....SGB k liye

  • @kambojviny9126
    @kambojviny9126 4 місяці тому +35

    jo government ne aam public ko bewakuf bnaya usja kya maturity k time tax kam krke value km krdi
    ab logo ko paisa km dena pdega government ko.

    • @vdvchannel
      @vdvchannel 4 місяці тому +7

      Ab vat badayenge ji sse gold ka price nahi badenga, but govt ki income chalte rahenege lagta hai british raaj mein jee rahe hai har jagah se tax maro

    • @SuperGetoverhere
      @SuperGetoverhere 3 місяці тому

      salo 7 saal mein 3100 ka 7000 kar diya phir bhi tum log ka ra**i rona band nai hoga.

  • @ankitapatro996
    @ankitapatro996 4 місяці тому +1

    If you analyse it more, in 2022 budget the custom duty was less. In 2023 it has increased. Now govt has made it more neutral .

  • @HK-rj3es
    @HK-rj3es 3 місяці тому

    Lekin agar SGBs leke rakhe hai toh fir uska kya hoga ...hold kr skte till maturity ki abhi loquidate kr de????

  • @sahidsk-lq1hi
    @sahidsk-lq1hi 3 місяці тому +1

    Well done informative video

  • @aksket2000
    @aksket2000 4 місяці тому +1

    Not only SGB, every rupee collected by the Government or companies can give attractive returns only if it is used for productive and profitable works. If you use an investor's money to pay your debt, interest on loans taken how can the industry or the scheme be profitable? And how will it give returns? The whole economy is made volatile by the Government in the last 10 years, resulting in huge corruption. So no much hope. Now be ready for FD interest rate cuts.

  • @prabhavagrawal1712
    @prabhavagrawal1712 4 місяці тому +1

    Honestly, I really appreciate the SGB initiative. Even though there have been some losses, the government seems to overlook a key point: gold prices tend to soar during economic downturns. Whenever stocks plummet for various reasons, gold prices typically rise. Precious metals like gold have consistently held their value, backed by over 500 years of data. Always remember, invest in gold and grow old bold!

  • @navneet2649
    @navneet2649 4 місяці тому +4

    Great video, thanks sir ❤

  • @rishidubey3216
    @rishidubey3216 4 місяці тому +1

    Sir, with all due respect.
    ye perfect explanation ni hai.
    SGB issued against physical gold stored in government's gold lockers.
    And if i buy SGB worth 1lk then government must buy or invest in gold instruments available in international markets. This way Gov reduced extra load of import charges n taxes.
    For this saving,Gov decided to give interest of 2.5% .
    Further, if gold rate was 30k/gm in 2015/16, so govt must hv invested in gold only, and withdrawal at current price if the SGB buyers want withdraw.
    Simplest way to explain. Hope you got point.
    # if government is doing malpractice in SGB then i can't say anything, (jitne ka SGB me subscription hota tha uska fix percentage govt ko physical gold lena compulsory tha).
    No profit no loss tha ye SGB, ab usse bhi kuch kamana chah rahi hai govt .

  • @kiranpanchal5945
    @kiranpanchal5945 2 місяці тому

    Sir Sceam Pura matchuriti hone ke baad Kya Hume us Prise ka Gold Milegaa ya us Prise ka Paisa Milega

  • @halvadandu
    @halvadandu 27 днів тому

    Physical gold biscuit lege toh chalega kya? Can anyone suggest?

  • @vishnuv12_30
    @vishnuv12_30 4 місяці тому

    How are they facing loss, we are paying money for gold, they should buy the lateral gold for it. No one is facing loss

  • @joydipmodak2456
    @joydipmodak2456 4 місяці тому +2

    In this budget major decision are wrong its massive impact our economy in long term

  • @318627
    @318627 4 місяці тому

    I got short term capital loss on physical gold
    Can I set aside this loss on short term capital gain on shares.
    As per new budget any provision there.
    Kindly answer the question.

  • @govindm9048
    @govindm9048 4 місяці тому +1

    what will happen to sgb bonds bought last year?

  • @NarendraKashyap-f8e
    @NarendraKashyap-f8e 4 місяці тому +2

    जब gold सस्ता होता है,तभी इन्वेस्टमेंट और महिलाओं को मौका होता है।

    • @csuryavanshi5976
      @csuryavanshi5976 4 місяці тому

      अरे भाई, जरा तो सोचो. 70k सोनेकी कीमत होगी या है तो कितनी महिला ले सकोगी?😮

    • @NarendraKashyap-f8e
      @NarendraKashyap-f8e 3 місяці тому

      @@csuryavanshi5976अगर महिलाओं को गोल्ड लेना है तो वो लेकर ही मानेगी।

  • @sanketsinha2152
    @sanketsinha2152 4 місяці тому +1

    You can still buy it from stock market

  • @anujsaini0271
    @anujsaini0271 4 місяці тому +55

    Intelligent people bought these bonds, no bank or person will tell this.
    This was way better than FD and could be started with 5-7k.
    Was waiting for that but agreed with govt., ultimately the interest given using our tax money.

    • @World_warhouse
      @World_warhouse 4 місяці тому +4

      U r wrong bro . i am banker we had told the customers to investment in SGB

    • @Arkhi-x3l
      @Arkhi-x3l 4 місяці тому +3

      ​@@World_warhouse joke of the day 😂

    • @dipayanbiswas9890
      @dipayanbiswas9890 4 місяці тому +5

      Who said u can invest 5-7k??? U r misinterpretating Gold Bonds with Digital Gold . ...... in SGB, u have to buy a min of 1gm worth of gold bond..

    • @HarpreetSingh-xr6em
      @HarpreetSingh-xr6em 4 місяці тому

      @@dipayanbiswas9890 1 gm comes in range of 5-7k

    • @iamwithjustice.2401
      @iamwithjustice.2401 4 місяці тому

      Mujhe bhi abhi abhi pata chala is video ko dekhne k baad

  • @AnujGupta-lx8ri
    @AnujGupta-lx8ri 3 місяці тому

    Strong tough decisions...God bless the country to become stronger Bharat Mata ki jai

  • @ani2anvesh
    @ani2anvesh 4 місяці тому

    Now the gold prices are up , gold went down due to market fluctuations just like stocks.

  • @hiraktalukdar7540
    @hiraktalukdar7540 4 місяці тому

    Risk kaise nahi hain?? agar gold ka price ghat jatah?? jaise 5% girr gaya??

  • @rbmk.2126
    @rbmk.2126 5 днів тому

    The 2.5% intrest is simple intrest and not compund so its different from what you consider in a FD

  • @kishorwankhade8188
    @kishorwankhade8188 4 місяці тому +1

    The loss is virtual not actual !

  • @RAM_JAN22
    @RAM_JAN22 4 місяці тому +77

    Hates off Akshat Shrivastav. He was against SGB way before 😢😢

    • @Loading__________...
      @Loading__________... 4 місяці тому

      Lo*u he akshat. Only theory .no practical gyaan.

    • @rishabhvarshney9328
      @rishabhvarshney9328 4 місяці тому +20

      Hatts off not. Hate off

    • @jitendrakumarseth6538
      @jitendrakumarseth6538 4 місяці тому +21

      They are running their own shop.. be aware of Akshat lakshat

    • @rahuladhikari3645
      @rahuladhikari3645 4 місяці тому +10

      SGB is very good for retail investors as it has given 14_15 % returns not good for government

    • @vibhutisrivastava2789
      @vibhutisrivastava2789 4 місяці тому +5

      Haa SGB chhod ke Goa ke Real estates mei invest Karo wahan bahut fayda mila hoga hai na!!? 😂
      Ye Akshat ye bada dhongi koi nahi hai bina economics aur financials jaane kuch bhi bolta rehta hai views ke liye.

  • @bhadreshpatel9464
    @bhadreshpatel9464 4 місяці тому +1

    Ab government ko pata chala inflation kaise bajata hai 😂

  • @deepsaurabh7579
    @deepsaurabh7579 4 місяці тому

    They should have decreased interest rates instead of discontinuing.

  • @qwertyuiopasdsdfghjklzmxncbv12
    @qwertyuiopasdsdfghjklzmxncbv12 4 місяці тому +34

    I am a tax consultant. I had advised many of the clienys not to buy Gold Bonds instead buy Gold Bees .. they got so high returns and gold bonds fooled the buyers

    • @Tylerkingclub
      @Tylerkingclub 4 місяці тому +1

      Gold bees kya hai?

    • @Darshanvd
      @Darshanvd 4 місяці тому +1

      ​@@TylerkingclubWtf hai

    • @Pulkit29
      @Pulkit29 4 місяці тому +15

      Then you are fooling your clients.

    • @Mrvaibhav256
      @Mrvaibhav256 4 місяці тому

      @@Pulkit29 nahi bro.. vo sahi keh raha hai..

    • @Mrvaibhav256
      @Mrvaibhav256 4 місяці тому +6

      @@Tylerkingclub niftybees, bankbees k tarah goldbees.. aur goldbees me liquidity bhi hoti hai.. mere pas bonds se jada goldbees hain.

  • @Chef_PKJ
    @Chef_PKJ 4 місяці тому

    30% increase in my gold bond price in last financial year ❤❤

  • @BasakPratik
    @BasakPratik 4 місяці тому +1

    what will happen to people who have taken SGB recently.. will they get the promised interest during maturity?

    • @VijayKumar-on8ck
      @VijayKumar-on8ck 4 місяці тому

      Obviously they will get. It's a "bond".

    • @ykeditz8.058
      @ykeditz8.058 3 місяці тому

      After maturity year again goverment reduced stamp duty on gold then again your gain value go to down .😅

  • @ozaparth51
    @ozaparth51 4 місяці тому

    If you lose in gain it's not called lost . So 10 lakh cr. Lost was the majority in gain value lost not capital.

  • @gourav_biswas
    @gourav_biswas 4 місяці тому +3

    Jump to 2:15

  • @krunalgamit8902
    @krunalgamit8902 4 місяці тому

    So should we buy SGB scheme in 2024 or Not ?

    • @Gp2878
      @Gp2878 4 місяці тому

      Buy it is good for investors but not good for govt

  • @madhurjyanath7522
    @madhurjyanath7522 4 місяці тому +1

    Prashant sir I have invested 1lakh on SGB last year...now what should I do?

    • @AnjaliD-nb7cr
      @AnjaliD-nb7cr 4 місяці тому +1

      Ankit sir , they are not issuing new one , but you already have it's not a problem.

    • @madhurjyanath7522
      @madhurjyanath7522 3 місяці тому

      @@AnjaliD-nb7cr are u sure ?

    • @AnjaliD-nb7cr
      @AnjaliD-nb7cr 3 місяці тому

      @@madhurjyanath7522 Yes.

  • @imyours777
    @imyours777 4 місяці тому

    bhai koi batayega custom duty kam krne pe acha hua na
    ab zyada Gold import hga
    sabne black day bolke gold value kam kr dia iskiye nuksaan hua

  • @birajde3649
    @birajde3649 4 місяці тому

    Acha Sir you didn't include inflation in that period, you should calculate the actual loss of Govt after adjusting inflation.

  • @k.mukherjee8601
    @k.mukherjee8601 4 місяці тому

    But this could be a big opportunity for new sgb invester.
    2022 se sgb purchase main raise huya hai. Usse pehele logone bohot buy nehi liya hai sgb.
    Aur ye 10lakh crore, ye to whole indian gold par estimate hai. Ye sara gold koi aj brchne chalega kya. Ye mathemeticaly thik hai, but practical koi itna bara impact nehi parega.

  • @NabulaKnight
    @NabulaKnight 4 місяці тому

    Value+tax=total payment,
    Tax can't be included as investment, taxes are expenses. Think like that so tax going up or down does not impact actual gold value.

  • @diagnochemllp7866
    @diagnochemllp7866 4 місяці тому

    Profit in stock and Gold is speculative. It comes from thin air and vanishes into thin air. Imagine International price crashing to half

  • @agees62
    @agees62 4 місяці тому

    Gold will keep rising as such it is a good idea to keep investing and stay invested

  • @vaidyavinod
    @vaidyavinod 4 місяці тому +18

    मोहमद बिन तुगलक जैसे सरकार के काम है

  • @soumitravelvlogs2782
    @soumitravelvlogs2782 4 місяці тому

    Sir jee....At 6:05 sec your calculations are wrong, because you said sarkar ko 9-11% and then you said after adding 2.5 % of interest it's 14-15%, but The 2.5 % is simple Interest which Cannot be added to Compound interest of 9-11%.

  • @Amit-n1v
    @Amit-n1v 4 місяці тому

    02:14 WHAT'S HAPPENING?
    03:25 BUT WHAT'S THE ISSUE?
    07:00 GOVT REDUCES GOLD BONDS ISSUE TARGET?
    11:23 QUESTION

  • @tejas_machchhar
    @tejas_machchhar 4 місяці тому

    Govt ne hi gold ko purchase kar kar ke price badhaya tha... Abhi ghata rahi hai...aur yaad rakhna... Fir se kuchh samay ke baad badh jayega!

  • @subirbose2527
    @subirbose2527 4 місяці тому +2

    Till date it is miked that Rajan was best governor of RBI . He has introduced it .That is why Govt has kicked from RBI.

    • @ExMuslimProphetMuhammad
      @ExMuslimProphetMuhammad 4 місяці тому +1

      😂😂 sure sure economy is in ICU, economy is collapsing, Indian economy will not survive more than 2 years

    • @Minz0258
      @Minz0258 3 місяці тому

      Govt introduce scheme through RBI.gain knowledge first before comment.govt issued bond through Rbi

  • @ArjunChavan55
    @ArjunChavan55 4 місяці тому

    10 Lakh Corer is not booked loss. It’s just unrealised loss..

  • @belisna
    @belisna 4 місяці тому +1

    This loss is temporary it will raise later.

    • @imayankkr
      @imayankkr 4 місяці тому

      These all UA-camrs are anti Indians, raising false alarms

  • @pillarishettysatyasagar6593
    @pillarishettysatyasagar6593 3 місяці тому

    Intrest Will Be Paid on Capital Investment not on Appreciated Capital

  • @Smallwonderabc123
    @Smallwonderabc123 4 місяці тому +1

    I was thinking of investing in SGB but gaya

  • @76smallcontributor
    @76smallcontributor 4 місяці тому

    The SGB scheme is a program that allows investors to purchase gold in a paper form rather than in physical form, offering benefits such as interest on investment and safety from issues like storage and theft.

  • @rishisadaphal8445
    @rishisadaphal8445 3 місяці тому

    Got wants to eliminate all investment options and basically force everyone into stock market. .

  • @subhajit.-.
    @subhajit.-. 4 місяці тому

    Current Govt kude se decision to bahot sara le leta hai lekin ultimately result zero nikal ta hai . Finance minister k sath sath finance department mei change krna chahiye.

  • @AbhishekKumar-ub8co
    @AbhishekKumar-ub8co 4 місяці тому

    2.5% interest is not paid annually but 6 monthly

  • @Unrevealeddarktruth
    @Unrevealeddarktruth 3 місяці тому

    Sir, govt. Ne invested paise ko 8 saal use karke is se bhi jyada returns bnaye hai

  • @subhashchandrabose7346
    @subhashchandrabose7346 4 місяці тому

    Gold prices decreased is good news for Indians! We can buy more gold now😊