Media Coverage
Media Coverage
NRIs can now invest in Sovereign Green Bonds this new way; Know how the impact on taxation of gainsThe article discusses how investors can buy RBI Floating Rate Savings Bonds 2020, which offer a 8.05% interest rate, either online through the RBI retail direct website or via bank apps, as well as offline by visiting a bank branch. It explains the features of these bonds, including the taxable interest and a 7-year lock-in period, and highlights both the advantages (government backing, bi-annual interest payments) and disadvantages (non-tradability, taxable returns) of investing in them.The Economics Times, Sept 18, 2024Get 8.05% interest on these RBI bonds: How to buy RBI Floating Rate Savings Bonds online, offlineThe article discusses how Non-Resident Indians (NRIs) can now invest in Sovereign Green Bonds (SGrBs) through the International Financial Services Centre (IFSC). It covers the eligibility, advantages, and disadvantages of investing in these bonds, along with the tax implications for NRIs. Additionally, the article highlights how SGrBs support green infrastructure projects and compares them to other investment options like Green Fixed Deposits.The Economics Times, Sept 16, 2024Sovereign Gold Bond Series IV FY24: How are SGBs taxed? Details her-Abhijit Roy's ,Co-Founder &CEO OpinonInterest earned on SGBs is taxed at the individual's applicable tax rate, similar to standard interest earnings. Additionally, investors who subscribe online and use digital payment methods will receive SGBs at a Rs 50 per gram discount from the issue price, said Abhijit Roy, CEO, GoldenPi.Business Today, Feb 11, 2024Sovereign Gold Bonds 2023-24 series IV priced at ₹6,263 per gram, issue to open on Monday-Abhijit Roy's ,Co-Founder &CEO OpinonAbhijit Roy, CEO of GoldenPi, highlighted the appeal of Sovereign Gold Bonds (SGBs) for investors seeking to include gold in their portfolios.CNBC TV18, Feb 10, 2024SOVEREIGN GOLD BONDS: Earn tax-free returns from SGB-Abhijit Roy's ,Co-Founder &CEO OpinonAbhijit Roy, CEO, GoldenPi, an online investment platform, says the government guarantee provides more security for SGBs, which may be preferred over gold exchange-traded funds. “When combined with a SIP-like strategy, SGBs offer investors a compelling option, The Financial express , Feb 10, 2024Where are rates headed? - Abhijit Roy's ,Co-Founder &CEO speaks on the Podcast Aarati Krishnan from BusinessLine speaks with Mr. Abhijit Roy, CEO and co-founder of GoldenPi, about the outlook for interest rates and the opportunities for debt investors.Mr Roy said that he expects rates to start their decline in the latter half of the yearThe Hindu Business Line, Feb 08, 2024Budget 2024 sparks optimism for debt funds — where should you invest now-Abhijit Roy's ,Co-Founder &CEO OpinonAdvocating bond market investments has emerged as a critical theme for 2024, said Abhijit Roy, CEO of GoldenPi.He added that the anticipated surge in retail interest is supported by expectations of increased capital raised through non-convertible debentures (NCDs), initial public offerings (IPOs) and private placements.CNBC TV18, Feb 05, 2024FPIs find stability in Indian debt amid equity challenges; what's behind the inflows into bonds?- Abhijit Roy's ,Co-Founder &CEO OpinonThe inclusion of Indian government bonds in the JP Morgan Index (in June 2024) will have a significant impact on the inflows. This inclusion has made Indian bonds more appealing to foreign portfolio investors (FPIs). The prospect of India's inclusion in the index has sparked increased interest in and investment in Indian debt securities, said Abhijit Roy, CEO of GoldenPiLive mint, Feb 05, 2024Why Spotlight Will Be On India's Bond Market In 2024- Abhijit Roy's ,Co-Founder &CEO OpinonThere is a possibility that the yield may dip below the 7% level, according to Abhijit Roy, chief executive officer at GoldenPi.The inclusion is expected to result in a substantial influx of capital, amounting to trillions of dollars, through the foreign portfolio investment route within a short time frame, Roy said. This surge in demand for government bonds is anticipated to lead to a reduction in yields.NDTV profit , Jan 02, 2024
