00:00If you invest in digital gold or physical gold, the actual question is not that which one is better.
00:07The actual game is that you are working on gold or just being applied.
00:11Look, you are the most safe investment of gold.
00:14But this is true that FTE, mutual funds and savings accounts are working on gold.
00:21Because when you give the rest of the investment every year,
00:25your physical gold is just in the locker.
00:31If you have a digital gold, it can be a little different.
00:36Because it can be easily sold or sold.
00:38But there is also a different risk.
00:41And physical gold, if you are in your locker or at home,
00:46the return is just 0%.
00:50Hello and welcome.
00:50Good returns, I am with you.
00:54Look, if you are in your house or locker, if you are in your locker,
00:58then it is clear that it is an emotional asset.
01:01But it is not a financial asset.
01:02It is not an economic asset.
01:03In India, gold is an entire house.
01:05The story, marriage asset,
01:06the government of the house,
01:07the same asset or the safe investment.
01:09The name of the asset is a personal investment.
01:10But in the fact, the currency is 0 cash flow.
01:12If it is not interest,
01:13it is not dividend or rent.
01:15It is just a big deal.
01:16But it is also a twist.
01:17But the game is also a way of making the game.
01:32This also tells you that GMS was launched in 2015 and its purpose is to have thousands of tons of
01:40gold in the house and in the temple to the economy and return to the owner.
01:45How do you work on this scheme? This is very simple.
01:48You have any physical gold, jewelry, coins or bars, you can deposit it in the bank.
01:55Minimum limit is about 10 grams.
01:57Now, first of all, you will go to a collection or purity testing center where gold will be checked from
02:03melting or from XRF machines.
02:06After that, you will get a certificate and the same certificate will be stored in the bank.
02:10Now, you will be aware that the gold will be stored in the bank.
02:14If you have a designer or antique jewelry, it will not be stored in the same form.
02:21Making charges will also be destroyed and this is the biggest trade-off for many people.
02:25Now, let's talk about return.
02:28First of all, short-term deposits, which is about 1-3 years.
02:33This is about 2-2.25% of the bank.
02:40This bank will decide between 2-2.25% and 2-2.25% of the bank.
02:55This is the return, but in future updates, many places are only short-term options active.
03:03Now, how can you understand?
03:05Look, usually, quarterly or early.
03:08The most important thing is this interest on the tax.
03:12Income tax in section 10 and sub section 15 is tax free and if you redeem in maturity in gold,
03:20capital gains is tax free.
03:23But if you take cash, long term capital gains tax can be lost or LTCG.
03:32Now let's explain a real example.
03:36If you have 100 grams of gold, which is 6,000,000,000, and you have 2.25% of
03:44interest.
03:45So, every year, you have 13,500,000 income.
03:50And you also have to buy anything without anything.
03:54Now let's talk about safety.
03:56The gold bank will be insurance, insure also.
04:01So, if you have a gold bank, you can buy a gold bank.
04:05If you have a gold bank, you can buy a gold bank.
04:06The eligibility is very easy.
04:09Individuals, HUF, Hindu undivided family, trust, companies, all participate in this scheme.
04:16And the big banks, such as SBI, HDFC Bank and ICICI Bank, this scheme is also offering private banks.
04:24But the truth is, this scheme is not for anyone.
04:28If you have a gold emotional value, such as you have married, you will not be able to do it
04:35emotionally.
04:35And interest is not very high.
04:382-2.5% to 2.5%.
04:40So, here is the second strategy.
04:42If you want to buy gold gold,
05:11if you want to buy gold,
05:13do not make the asset, or make the product of GMS, or buy gold from a smart way.
05:18If you don't have a physical gold, you don't have any benefit.
05:21Because the real wealth is the one that you work for, not only in the locker room.
05:25So, these three ways we have told you about GMS.
05:28How do you feel about this?
05:29What do you feel about this?
05:31We will tell you in the comment section.
05:33See you later.
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