Mysore/Mysuru: The Postal Department has introduced Sovereign Gold Bond Scheme (SGB) for the year 2021-22, in which the members of the public can invest at their nearby Post Office from Nov. 29 till Dec. 3.
The investment in SGB will not have GST. Though it is an investment on gold, buying it from the store will not have making and wastage charges. Public should visit the Post Office and submit PAN card, Address proof, one passport size photo and a copy of the first page of the Bank Passbook and provide Demand Draft or the payment for the Investment can be paid from the Post Office Savings Account.
