Buy Gold In Dubai?

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  • เผยแพร่เมื่อ 13 ธ.ค. 2024

ความคิดเห็น • 2.8K

  • @riteshkewalramani7952
    @riteshkewalramani7952 2 ปีที่แล้ว +14691

    But you can buy pure gold 24k ..there is no making charge for it ..

    • @snehaaaaaaaaaaaaaaa
      @snehaaaaaaaaaaaaaaa 2 ปีที่แล้ว +760

      If you bring gold within the mentioned limits from Dubai to India without residing in Dubai for up to 6 months, you will be liable to pay an additional customs duty of 36.05%.
      24k gold biscuit weighs 50grams approx.

    • @akshaychaurasiya1309
      @akshaychaurasiya1309 2 ปีที่แล้ว +86

      Sgb is 24k gold

    • @hiteshadhikari
      @hiteshadhikari 2 ปีที่แล้ว +208

      @@akshaychaurasiya1309 sgb gold is as real as bitcoin....
      Its a value backed by govt assurance, not physical gold

    • @anandt2003
      @anandt2003 2 ปีที่แล้ว +150

      @@hiteshadhikari lol. That's BS comparison. Backed by a gov is not same as not backed by anyone or anything. You can't compare nothing to something.

    • @hiteshadhikari
      @hiteshadhikari 2 ปีที่แล้ว +77

      @@anandt2003 backed by govt or rbi is also not equal to physically having something

  • @livelypooja
    @livelypooja ปีที่แล้ว +4959

    On my wedding i will wear the SGB papers😊

  • @shashanknarayan5929
    @shashanknarayan5929 2 ปีที่แล้ว +2711

    Mr. Sharan I've been following you and I see you're misleading everyone...
    SGB interest is TAXABLE
    Only the Capital Gains are EXEMPT.
    That is the reason MBAs like you should stop giving TAX advise

    • @happyme3930
      @happyme3930 2 ปีที่แล้ว +19

      Haha

    • @ur.imrankhan
      @ur.imrankhan 2 ปีที่แล้ว +13

      👍🏼

    • @ashutoshrao9907
      @ashutoshrao9907 2 ปีที่แล้ว +256

      U r destroying his only career dude 😂

    • @pranavpanikar4963
      @pranavpanikar4963 2 ปีที่แล้ว +146

      Im a stock broker exactly what I wanted to say lol
      Just to add to your point its capital gains exempt only if held till maturity , if u sell them in secondary market it's liable to capital gains tax :)

    • @shashanknarayan5929
      @shashanknarayan5929 2 ปีที่แล้ว +46

      @@pranavpanikar4963 Good point.
      Also the gold point is full of flaws. This man better turn his channel something similar to BB than dumping us with ridiculous info.

  • @vishnusrinivasan9014
    @vishnusrinivasan9014 ปีที่แล้ว +386

    Two things as a ca final student we know is that the 20 grams and 40 grams rule apply only is u stay abroad for more than a year, it's not like u can go to Dubai buy jewellery and come back in a week, secondly it has to be ornamental Jewellery like gold biscuits and ingots don't fall under this exemption so ull have to pay 38.5 percent customs trying to escape 18 percent making charges ☺️

    • @Lilacluvbangtan
      @Lilacluvbangtan ปีที่แล้ว +7

      thank you

    • @balasaranyakrish
      @balasaranyakrish ปีที่แล้ว +8

      Was about to share the same..PPL should not be misled 😅

    • @jasminakamdar5258
      @jasminakamdar5258 ปีที่แล้ว +2

      Exactly.

    • @ajmalk8523
      @ajmalk8523 ปีที่แล้ว +3

      Not 38.5% . It's 44%
      Also you won't get 20grams or 40grams duty free in today's rate....because there is a value cap of 50000 and 100000 (reference: Baggage rules 2016)

    • @SamS.7598
      @SamS.7598 ปีที่แล้ว +4

      I think it's safe to assume that the suits up there are much more financially qualified to not leave any loopholes in the system.
      In the amount of hard work needed in all this, u would rather just invest that much money in stock market or real estate 😂

  • @Al-fm8kh
    @Al-fm8kh ปีที่แล้ว +1709

    As a CA, I cringe whenever this guy gives tax advice

    • @Al-fm8kh
      @Al-fm8kh ปีที่แล้ว

      ​@@AH-ej3rxgo to a ca for tax advice

    • @flaminmongrel6955
      @flaminmongrel6955 ปีที่แล้ว +86

      ​@@AH-ej3rxthis is horrible advice, in fact it's misinformation on multiple levels

    • @gyanchandkothari3756
      @gyanchandkothari3756 ปีที่แล้ว +14

      ​@@flaminmongrel6955why do you say so ?

    • @unknownalien5424
      @unknownalien5424 ปีที่แล้ว +39

      thanku. I assume now it's safe to hit the don't recommend this channel button now.

    • @Movieburner-bf3kt
      @Movieburner-bf3kt ปีที่แล้ว +97

      True. I am also a CA. He always gives incomplete information. It's high time people stop consuming finance knowledge from unqualified influencers.

  • @AdarshJhaYt
    @AdarshJhaYt 2 ปีที่แล้ว +1071

    when my girl want to wear necklace, i will give her SGB papers

    • @nishachaturvedi3180
      @nishachaturvedi3180 2 ปีที่แล้ว +10

      Lol

    • @1Bond007
      @1Bond007 2 ปีที่แล้ว +18

      When my girl want to wear necklace I’ll buy from cash.. or from the Redeemed sgb amount

    • @1Bond007
      @1Bond007 2 ปีที่แล้ว +7

      Sgb is not meant for usage.. it is just paper and for those who want to take advantage of appreciation in gold price over the years but do not want to buy gold

    • @junaidkhan9927
      @junaidkhan9927 2 ปีที่แล้ว +11

      Bro in the video he clearly mentioned the word "investment"

    • @lakshmi1994-d4t
      @lakshmi1994-d4t ปีที่แล้ว +4

      He told investment not jewel

  • @ajithvasupabh
    @ajithvasupabh 2 ปีที่แล้ว +471

    Bro, it's not about the price which people buy gold from dubai. It's the metal used as an aloy. We can't make jewelry out of 24 carret gold as it's fragile. The metal used in UAE to make gold jewelry has a value very close to gold itself. So the product worth is very close to what you buy. You will get a higher exchange rate when you sell it. In india it's a different story. It's cheaper metal which is mixed with gold to make jewelry. Result, you pay gold prize for metals like copper. When you exchange they reduce a huge amount in the name of purity. Check with some one who worked in a jewellery. They can give you more details.

    • @hussainali8646
      @hussainali8646 ปีที่แล้ว +5

      Brother asked a very good question.😊

    • @user_suwjhwhqjakoaoq
      @user_suwjhwhqjakoaoq ปีที่แล้ว +15

      But in India we pay for 22k gold not 24k gold, hence the making charges are adj in gold type variances, if u want gold as investment better buy 24k gold coins in India which have 100% exchange rate without wastage

    • @satbirsingh-ok6xm
      @satbirsingh-ok6xm ปีที่แล้ว +2

      Brother when we return we get the price for that day 22k Right , what’s the fuss about

    • @koffeeclub
      @koffeeclub ปีที่แล้ว +2

      ​@@user_suwjhwhqjakoaoq rate is higher than Dubai here, that's the whole point of the video

    • @samarpitabhattacharya5953
      @samarpitabhattacharya5953 ปีที่แล้ว +5

      That's why buy jewellery with hallmark

  • @arpitagrawal2322
    @arpitagrawal2322 2 ปีที่แล้ว +272

    It's not waste to buy gold ornaments as an investment. Gold gives good returns even after cutting making charges also liquidity of physical gold is highest. I don't go for sovereign gold bond as it has a certain lock-in period.

    • @v.kapoor9367
      @v.kapoor9367 2 ปีที่แล้ว +21

      Compare the returns bro, SGB gives more than double returns compared to ornaments.
      I'm not against buying ornaments but buying them for investment purpose isn't a good option 🤧

    • @UserNotFound761
      @UserNotFound761 2 ปีที่แล้ว +12

      Plus it's better having gold physical rather than a piece of paper, gold definitely going to be very expensive as it's no very limited

    • @riyastir
      @riyastir 2 ปีที่แล้ว +18

      @@UserNotFound761 Physical gold stored in RBI. It’s not a piece of paper. It is a legally valid Bond

    • @happyme3930
      @happyme3930 2 ปีที่แล้ว +4

      Also we can wear it duh

    • @mohanreddy5487
      @mohanreddy5487 2 ปีที่แล้ว +7

      @@v.kapoor9367 we are taking personal loans from banks about 15% and they giving 2.5% .

  • @SuperHarshsinghal
    @SuperHarshsinghal ปีที่แล้ว +146

    2.5 percent interest IS taxable. But the capital gains after maturity of 8 years is tax free.

    • @sam-vh2vm
      @sam-vh2vm ปีที่แล้ว +4

      So I'm technically losing money with the inflation right as well na?!

    • @appatakkar6112
      @appatakkar6112 ปีที่แล้ว +1

      Seriously😑, buy gold biscuit from Dubai and sell it in India, no tax gains unless you have given your PAN to the buyer.

    • @benedictjoseph3832
      @benedictjoseph3832 ปีที่แล้ว

      Your right..I felt sgb is waste for high salary employees

    • @rockstar19909
      @rockstar19909 11 หลายเดือนก่อน

      Sgb best way to invest in gold

    • @timepass4783
      @timepass4783 7 หลายเดือนก่อน

      ⁠@@appatakkar6112except gold biscuits and coins don’t come under Ornaments and you have to pay 38% customs duty while escaping the 18% making charges😃

  • @iamitsoni
    @iamitsoni ปีที่แล้ว +74

    There are jewellery shops in Dubai with 0% making charges also. While most have 5% making charges. 18% will be some fancy shops with unique designs.

    • @TheAryanKnight
      @TheAryanKnight ปีที่แล้ว

      Just get a gold brick. There is no need to get designer jewelry

    • @maicolc7216
      @maicolc7216 7 หลายเดือนก่อน

      5% is good

  • @tnjs2023
    @tnjs2023 2 ปีที่แล้ว +1931

    Habibi buy gold biscuit...no making charges

    • @psatyaharish
      @psatyaharish ปีที่แล้ว +150

      Exactly. And the video is how the influencers portray half baked truths.

    • @DannycageGhostrider
      @DannycageGhostrider ปีที่แล้ว +17

      Cold biscuits has input duty

    • @monakshatri3225
      @monakshatri3225 ปีที่แล้ว +57

      @@psatyaharish gold biscuit is illegal to bring from international border or takeoutof india

    • @Aditya-tw4mz
      @Aditya-tw4mz ปีที่แล้ว +5

      and when it starts losing its polish...then where will you go

    • @likhithakommuri1472
      @likhithakommuri1472 ปีที่แล้ว +52

      Im learning better from the comment section than the video itself.

  • @kunaljedhe
    @kunaljedhe 2 ปีที่แล้ว +66

    According to Customs Act 1971, You can bring gold in India from outside Indian only if you have been staying outside India for more than one year.
    Duty Free Gold:-
    For Male - 20 Gram with maximum value of INR 50000.
    For Female - 40 Gram with maximum value of INR 100000.
    P.s. please refer the law before making video.

    • @marcosorduno9203
      @marcosorduno9203 ปีที่แล้ว +1

      Most countries have laws similar to this

    • @ayasmin11
      @ayasmin11 ปีที่แล้ว +1

      Max value 1 lakh means, we can get only some 12 to 13 gm of gold

    • @mycattookmykfc1488
      @mycattookmykfc1488 ปีที่แล้ว

      That’s retarded why can females bring more?

    • @mycattookmykfc1488
      @mycattookmykfc1488 ปีที่แล้ว

      @@lorner0 🤓 so original you aren’t funny just stupid

    • @ChaoticMoth-xb6dn
      @ChaoticMoth-xb6dn ปีที่แล้ว +1

      ​@@lorner0oma gawd bruh ahh hell nah man
      Who invited this kid-

  • @ExceptionalPizza
    @ExceptionalPizza 2 ปีที่แล้ว +1919

    *”I follow Josh Otusanya”*
    MWEHEAHEEHA

  • @gopal7675
    @gopal7675 ปีที่แล้ว +6

    never paid a making charge in Dubai. This guy is living in his world

  • @quotesmotivation2
    @quotesmotivation2 ปีที่แล้ว +145

    *FUN FACT: UAE SHOPKEEPER KNOWS RBI BONDS*

    • @abhishekbhagat506
      @abhishekbhagat506 ปีที่แล้ว +3

      Because he follows .•♫•♬•finance with sharon•♬•♫•.

  • @aaaa222211110000
    @aaaa222211110000 2 ปีที่แล้ว +22

    Beware:
    Above mentioned allowance are for people residing abroad for at least 1 year .
    Male pax : 20gm cap of Rs50000
    Female pax : 40gm cap of Rs100000
    Otherwise BCD (BASIC CUSTOMS DUTY) 35%+ SWS(SOCIAL WELFARE SURCHARGE) 10%= TOTAL 38.5% DUTY LIABILITY IS THERE.
    However if you are coming after atleast 6 months duration - then concession rate of duty is applicable
    BCD- 7.5%
    SWS - 10%BCD
    AIDC-2.5%
    TOTAL- 10.75% duty in Foreign Currency (usd/aed/riyal etc...)
    Plzz like so that everyone is aware.

    • @yeahright9392
      @yeahright9392 ปีที่แล้ว +1

      Bruh the whole comment section is full of CAs I swear😂

    • @chinnip5678
      @chinnip5678 ปีที่แล้ว

      About to type this 😅

  • @sparshjain4736
    @sparshjain4736 2 ปีที่แล้ว +393

    Again half info missing -
    20/40gm gold Exemption available to only those who have stayed abroad for more than 1 year before returning to India.

    • @wtch9252
      @wtch9252 2 ปีที่แล้ว +8

      Bhai plz pin this guys comment

    • @zaidsk786
      @zaidsk786 2 ปีที่แล้ว +2

      Thanks for saying other side of the story

    • @mohammadhossain5178
      @mohammadhossain5178 2 ปีที่แล้ว +15

      True. Rule 5 of the Baggage Rules 2016,[Customs Act, 1962].
      Video with misleading info. In India making charges can be upto 35%.

    • @mr.r5531
      @mr.r5531 2 ปีที่แล้ว +13

      Actually he is like us....half-baked that's why he missing half of portion in all videos

    • @sirishjain7003
      @sirishjain7003 2 ปีที่แล้ว +1

      I was about to comment this and than find your comment. You are right. U hv to live outside for 1 year to avail this benefit..

  • @prashantpatwa8566
    @prashantpatwa8566 2 ปีที่แล้ว +363

    I went to Dubai last month and bought a gold chain with a making charge of 5%, 18% would be for a sophisticated chain design.

    • @shabinamansoori2243
      @shabinamansoori2243 ปีที่แล้ว +9

      In India also they charge u making charges upto 28% in outlets of Tanishq,Malabar,etc according to the jewellery's design

    • @shabinamansoori2243
      @shabinamansoori2243 ปีที่แล้ว +2

      In India also they charge u making charges upto 28% in outlets of Tanishq,Malabar,etc according to the jewellery's design

    • @azorian888
      @azorian888 ปีที่แล้ว

      why woud u not buy the metal instead of paying 4/5 middle mans ! for ur chain 😂😂
      just buy the dam bar oz
      sounds smart the way explain but it's big bull crap soverain gold will never be you're if it's not in you're hands equal to fiat promesse money...
      this is bad advice

  • @eaku7
    @eaku7 ปีที่แล้ว +17

    My family owns a jewellery business here in Saudi and we travel to dubai to buy gold from them bcuz of how cheap and good quality it is

    • @sridaarks1596
      @sridaarks1596 ปีที่แล้ว +2

      Dubai is in UAE, and Saudi is a different country my friend.

    • @arshkhurana8619
      @arshkhurana8619 10 หลายเดือนก่อน +2

      @@sridaarks1596bro your English understanding level is very good huh.

  • @abhiteja3815
    @abhiteja3815 ปีที่แล้ว

    In Gold Souks of Dubai, the making charges are as low as 5%. In India also the making charges(often termed as value addition) are 12 to 20% depending on the product. Considering this buying a gold ornament in Dubai is still cheaper compared to India.

  • @deepaktalreja2
    @deepaktalreja2 2 ปีที่แล้ว +824

    You can buy 0% making charges gold too...

    • @mandarbuchake2430
      @mandarbuchake2430 2 ปีที่แล้ว +11

      But it costs 3% gst in India and there is no interest

    • @sra12002
      @sra12002 2 ปีที่แล้ว +44

      @@mandarbuchake2430 but you can wear the gold

    • @mytravls
      @mytravls 2 ปีที่แล้ว +2

      Where in Dubai?

    • @MemesthanYoutube
      @MemesthanYoutube 2 ปีที่แล้ว +24

      @@sra12002 brick kse pehene?

    • @sra12002
      @sra12002 2 ปีที่แล้ว +2

      @@MemesthanTH-cam make it an ornament

  • @subarnodey9114
    @subarnodey9114 2 ปีที่แล้ว +376

    Bro making charges of gold in pc chandra or kalayn near about 30%.. I don't know how you people make this videos with out proper information.. or you did it intentionally?

    • @shubham6887
      @shubham6887 2 ปีที่แล้ว +13

      All the company oultels have highest making charges. Go for local seller who has good reputation and deals in 22k ornaments

    • @Neo-Rider16
      @Neo-Rider16 2 ปีที่แล้ว +7

      True bro....
      I have seen a lot of misleading videos related to finance

    • @kamallb4650
      @kamallb4650 2 ปีที่แล้ว +2

      @@shubham6887 true. Plus if u have great relations with them, u may get better deal.

    • @maverick9116
      @maverick9116 2 ปีที่แล้ว +5

      Why do u think that all Indians are consumers of PC Chandra and Kalyan?People want to buy gold in Dubai because they want it cheaper....so I think it's still better to buy pure gold.Also one has to pay duty at the airport

    • @subarnodey9114
      @subarnodey9114 2 ปีที่แล้ว +2

      @@maverick9116 I am just saying few names.. but maximum have 30 percentage making charges..

  • @anil_anthony
    @anil_anthony 2 ปีที่แล้ว +72

    Gold has wastage/making charges in India also which is around 18-20% not only in Dubai. Yes if you want to buy gold as an investment then it's better to go for SGB. But you can't pledge sgb for an emergent money to get gold loan, but rather you can pledge gold for gold loan as and when required.

    • @vissankiravi2576
      @vissankiravi2576 2 ปีที่แล้ว +8

      Sovereign bonds can be pledged. Just like shares. There's a concept called as loan against securities.

    • @jaikapoor8060
      @jaikapoor8060 2 ปีที่แล้ว

      Maybe we can pledge sgb....but we dont get tax benifit if we pledge it

    • @shashanknarayan5929
      @shashanknarayan5929 2 ปีที่แล้ว

      @@jaikapoor8060 No loan other than Education and Housing ha got Tax benefits.. which loan are you talking about? Absolutely there's no difference between Gold Loan and Loan against the Securities (SGB in this case)

    • @jaikapoor8060
      @jaikapoor8060 2 ปีที่แล้ว

      @@shashanknarayan5929 bro I'm talking about tax benifit on ltcg at the time of redemption of sgb

    • @shashanknarayan5929
      @shashanknarayan5929 2 ปีที่แล้ว

      @@jaikapoor8060
      Can you mention the relevant income tax rule for it?
      I haven't heard of such a provision being a Chartered Accountant also an Investor

  • @nagalakshmisnspsp9326
    @nagalakshmisnspsp9326 ปีที่แล้ว

    You can buy from those jewelry shops that has less making charge in chains🙏🏼🙏🏼Not all shops charges 18% and it depends up on the design..In investment point you don’t have to mind abt designs I guess💪🏼So better check and make videos 🙏🏼🙏🏼And I am sure even in india you have to pay for making charge until unless you buy gold coins which you cannot carry from dubai to india

  • @abhranilsarkar6938
    @abhranilsarkar6938 ปีที่แล้ว +11

    The fact that a salesman in a jewelry shop in Dubai just gave Sharan RBI bond knowledge. Damn.

  • @Abduldoctor
    @Abduldoctor 2 ปีที่แล้ว +302

    His dad: son your mum and I are getting a divorce...
    Him: "pSyChE"

  • @syedtaimoorhussain4626
    @syedtaimoorhussain4626 2 ปีที่แล้ว +33

    They often remove the making charge, or reduce it to very little in Dubai. So it will still be cheaper than India.

  • @iamthope1239
    @iamthope1239 2 ปีที่แล้ว +64

    this dude uses psyche out of context so many times

    • @khalnayak9674
      @khalnayak9674 2 ปีที่แล้ว +5

      Psyche 🤯🤯🤯🤯🤯🤯

    • @callme_SRK
      @callme_SRK 2 ปีที่แล้ว +1

      What does psyche mean,why he use the word unnecessarily

    • @phystem1
      @phystem1 2 ปีที่แล้ว +3

      @@callme_SRKsupposedly cool words kids use these days to stay in trend

    • @pranavrawat974
      @pranavrawat974 2 ปีที่แล้ว +3

      @@callme_SRK well its used when u say something and then do the complete opposite of it to trick a person or smth

    • @OMNIPOTENT-
      @OMNIPOTENT- 2 ปีที่แล้ว

      Actually it's SIKE not psyche but this dumbass(i'm talking about this yt reels maker) doesn't know the spelling

  • @aquibali649
    @aquibali649 ปีที่แล้ว +1

    FYI, there are many shops out there which gives 0% making charges.

  • @tgr666.
    @tgr666. 9 หลายเดือนก่อน

    It's the purity that people go for not the price. ❤

  • @zeeshanchistinizamisaqibi3952
    @zeeshanchistinizamisaqibi3952 2 ปีที่แล้ว +158

    "It's a waste to buy gold ornaments as an investment" 😂😂😂wah👏👏👏👏👏

    • @deathstar88406
      @deathstar88406 2 ปีที่แล้ว +10

      Are you drunk?

    • @mouliprakash7525
      @mouliprakash7525 ปีที่แล้ว +11

      Yes it is a waste to buy gold as an investment compared to others but when the economy collapses or world war starts everything that you have will be useless you only survive if you have gold

    • @3oranges4
      @3oranges4 ปีที่แล้ว +3

      Jusy buy gold coins

    • @Some_guy_passing_by
      @Some_guy_passing_by ปีที่แล้ว

      ​@@mouliprakash7525this is true . Literally everything loses value in war or economic collapse , including diamond I heard

    • @panzerofthelake506
      @panzerofthelake506 ปีที่แล้ว

      ​@@mouliprakash7525never trust the government

  • @doongirl14
    @doongirl14 ปีที่แล้ว +6

    In India also we have to pay making charges and designs are limited.. I bought gold ring from Tanishq recently and making charges were 30% on that ring

    • @Trafalgar_D_Water_Law__
      @Trafalgar_D_Water_Law__ ปีที่แล้ว +1

      😂 bruh who the hell buy gold in tanishq if they want it as investment. Tanishq is an fashion jeweler. If you are looking for investment, go and buy Gold Coins instead. No making charges or wastage charges. Only Dye charges will be there that too around 50 to 100 per gram which is not very high. Plus GST of course.

    • @doongirl14
      @doongirl14 ปีที่แล้ว +1

      @@Trafalgar_D_Water_Law__ if I want to buy to invest purpose I will buy gold bond not coin.. and I will even earn interest on that

    • @Trafalgar_D_Water_Law__
      @Trafalgar_D_Water_Law__ ปีที่แล้ว

      @@doongirl14 😂 you don't have the real gold. If the government defaults, SGB is just paper.

  • @prakhargoel2524
    @prakhargoel2524 2 ปีที่แล้ว +62

    Half cooked details are always very risky. Even if you want to spread financial literacy for different investment options better make a full fledged video explaining Every provision in detail rather than this.

  • @adityajain3442
    @adityajain3442 10 หลายเดือนก่อน +1

    There are many shops that take around 2-5% making charges they look bad but they can be replaced in india

  • @dhruvjain8305
    @dhruvjain8305 ปีที่แล้ว

    the prices even after the making charges in dubai is still cheaper than india + you got to bargain on the making charges rates( for someone looking to buy gold)

  • @sumaiyameraj3942
    @sumaiyameraj3942 10 หลายเดือนก่อน +3

    In India minimum making charge is 18% on 58000 gold rate. Sir needs better economic classes to know Gold is still cheaper in Dubai

  • @rohanthakkar9119
    @rohanthakkar9119 2 ปีที่แล้ว +125

    Can we wear that gold bonds in weddings?🙄🙄🤣

    • @what_the_heck_101
      @what_the_heck_101 2 ปีที่แล้ว +15

      You are right dude
      We buy gold not for investment but for luxury and also coz it is tradition in India to buy it on festival or wedding
      It is similar as buying a car as buying gold jewellery,,
      Boys love cars, girls love jewellery
      On the top of that having gold jewellery also give you assurance that you have Saving for hard times

    • @TradewithRX
      @TradewithRX 2 ปีที่แล้ว

      Yes you can 😹😹😹 for show off...

    • @rakeshaitha574
      @rakeshaitha574 2 ปีที่แล้ว

      Gold Bonds as a Ear rings, Braslett

    • @sulochanazade376
      @sulochanazade376 2 ปีที่แล้ว +5

      @@what_the_heck_101 except that gold are somewhat profitable and the value increases over a long period of time. Cars, on the other hand are downright terrible investment and depreciates every year. Especially if it's brand new car

    • @-3lnmv7.99
      @-3lnmv7.99 2 ปีที่แล้ว

      Yes, i do

  • @Mrigesh007
    @Mrigesh007 2 ปีที่แล้ว +195

    Best thing TH-cam gave for viewers "#Dont recommend this channel"

    • @techomaster3111
      @techomaster3111 2 ปีที่แล้ว

      Wtf why ?

    • @Mrigesh007
      @Mrigesh007 2 ปีที่แล้ว +2

      Because of accent of both the characters 😜

    • @1mdxll
      @1mdxll 2 ปีที่แล้ว

      @@Mrigesh007 wow u dumb fuck, I probably have the same accent

    • @SurenderKumar-sz8bv
      @SurenderKumar-sz8bv 2 ปีที่แล้ว

      @@Mrigesh007 bet your kid does not good accent either.

    • @Mrigesh007
      @Mrigesh007 2 ปีที่แล้ว

      @@SurenderKumar-sz8bv before good accent you need to have good English so that others could understand.
      Regards

  • @rajveersingh2056
    @rajveersingh2056 ปีที่แล้ว +1

    another benefit of sgb is that if there's a situation of hyper inflation, other countries will prefer sgb over uranium...
    (sarcasm)

  • @vamsiaugustveenam4103
    @vamsiaugustveenam4103 ปีที่แล้ว

    By buying sovereign bonds , we are actually helping economy by keeping money in the system , which other wise would be lying in lockers in the form of Gold ornaments which is of no use.

  • @bobogogo4611
    @bobogogo4611 2 ปีที่แล้ว +5

    Gold jewellery is useless as investment, but gold bars off 10 & 20 grms of 24 Krt are a v.good option ‼️

    • @shaaz78
      @shaaz78 ปีที่แล้ว

      Stock me jisko paisa nhi daalna zamin me jisko nhi daalna to unke liye to gold investment ho ga hi

  • @XaliroseX
    @XaliroseX ปีที่แล้ว +12

    I'm a goldsmith, don't buy jewelry as in investment but it because you like it and want to wear it. Also we do get paid for our time we work like everyone else so don't ever expect anything to be just the price of materials.

  • @Kanishk_347
    @Kanishk_347 2 ปีที่แล้ว +72

    Bro you just can't say habibi everywhere habibi meaning is darling 😂

    • @ajithvasupabh
      @ajithvasupabh 2 ปีที่แล้ว +12

      Habibi is the male version for "my dear" it's commonly used word by Arabs if you are younger to them. For a female they address as HABIBTHI. And if the age is same they use safeeq, which means friend.

    • @StealthGamerFCTJ
      @StealthGamerFCTJ 2 ปีที่แล้ว +2

      Lol😂😂😂

  • @mdsameerhussain
    @mdsameerhussain ปีที่แล้ว

    SGB is virtual gold. Instead of it, why don't you save money in real estates? Buy a plot and sell it when price hikes.

  • @hillelawaskar5791
    @hillelawaskar5791 ปีที่แล้ว

    The interest is taxable. But the amount you would get on maturity is tax free but need to hold for that long

  • @harshyadav-ej4pu
    @harshyadav-ej4pu 2 ปีที่แล้ว +34

    I double dare you to say that line to your wife. 😂 (About investing in gold ornaments is a waste)

    • @SarojaGajapathy
      @SarojaGajapathy 2 ปีที่แล้ว

      How true!! 👍👍

    • @akanshayadav8699
      @akanshayadav8699 2 ปีที่แล้ว

      You're just stereotyping women

    • @lakshmi1994-d4t
      @lakshmi1994-d4t ปีที่แล้ว

      ​@@akanshayadav8699 i have not found any girl like you😂

  • @allabakashshaik1409
    @allabakashshaik1409 2 ปีที่แล้ว +125

    Making charges 18%?, Are you living in lala land 😂😂

    • @dinneo1435
      @dinneo1435 2 ปีที่แล้ว

      In TN, this is the norm for gold ornaments where there is lot of labour involved

    • @mohdahmedpasha493
      @mohdahmedpasha493 2 ปีที่แล้ว

      @@dinneo1435 indian african peoples in TN

    • @manivannanselvam3525
      @manivannanselvam3525 ปีที่แล้ว

      ​@@mohdahmedpasha493yes we are the oldest civilization next to africa😅

  • @fenil_edits.x5357
    @fenil_edits.x5357 2 ปีที่แล้ว +62

    Lmao he said habibi without even noticing it's meaning

    • @aahh5545
      @aahh5545 2 ปีที่แล้ว

      We use it in Arabic same exactly as mate, pal, bro.
      It depends on the context, if there is nothing romantic then it won't be romantic...
      Actually it can be quite the opposite.... Depending on the tone and intention.

  • @karankapoor1432
    @karankapoor1432 ปีที่แล้ว

    In gold souk Dubai there are outlets that charge zero percent making charge.
    Also making charges are levied on jewellery you buy in India as well

  • @MohammedShakiribrahim
    @MohammedShakiribrahim ปีที่แล้ว

    There are lot of places in UAE where you can buy without making charges it's zero and also if you are a visitor you get 5% VAT exempt as well

  • @tanishkagupta4809
    @tanishkagupta4809 2 ปีที่แล้ว +12

    The way he pointed at himself 😂😂 I'm in love with him

  • @lazyreviewssupport9811
    @lazyreviewssupport9811 ปีที่แล้ว +27

    Yea 😮... Suddenly one fine evening they would say that such bonds are invalid... 😢Demonetisation

    • @chandraprakashdubey3313
      @chandraprakashdubey3313 ปีที่แล้ว

      Bhyi nashe me ho kya?
      Gold is a high powered money and also a global standard for foreign exchange
      So theres no way a gold bond gonna get DEMONETIZED LMAO
      Actually come to think of it ,bond isnt a currency or form of money at the first place
      Its a source of finance ,similar to shares basically paper claims but to govt.
      It cant get DEMONETIZED 💀
      Also anyone around the world can buy indian bonds (T&C apply)
      Interest payments on bonds is a mandatory expense for govt
      Gawd i can't believe there are people soo ignorant on earth and still have audacity to comment random bullshit and spread their ignorance on internet
      I m in 12th yet i have little bit of common sense that gold isnt a currency but a high valued commodity

  • @dnyaneshwarikadam7207
    @dnyaneshwarikadam7207 ปีที่แล้ว +5

    This guy made his own loss lol😂😂

  • @shyambhaskark3111
    @shyambhaskark3111 ปีที่แล้ว +1

    Hi Charan is 2.5 interest will given every time we buy bonds whenever released pr only 1st time investment in gold bonds??

  • @AlwinGeorge-ue7vu
    @AlwinGeorge-ue7vu ปีที่แล้ว

    In the gold souk you can get gold chain above 10grams free of making charge. So. Many shops doing the same. No hiden. Charges ok

  • @nikver90
    @nikver90 2 ปีที่แล้ว +4

    Where to find series 11 bond release schedule?
    This year in Feb-March there were some SGBs released for buying.
    Last year it was in September.
    Is there any fixed schedule?

    • @pushpasree8543
      @pushpasree8543 2 ปีที่แล้ว

      Yes i tried to search everywhere. Evn post office doesn't have proper info on the SGB release.
      Does anybody know tentative period????

  • @akshyashylesh
    @akshyashylesh 2 ปีที่แล้ว +7

    Making charge depends on the design..we live in Dubai.. there are designs with making charge starts from 5%, 24k you can buy as coins only. If you are lucky enough customs people will charge you even if it is less than 20g. My hubby brought a necklace last year(it was a Arebic design, making charge was 22%), it was less than 20g, customs people asked to pay 10k at the airport (It was a month end, depends on their mood).

  • @stefanf6495
    @stefanf6495 ปีที่แล้ว +12

    Looks like Habibi is about to find out the hard way about the difference between paper and metal

  • @jayakumarnilavazhagan5996
    @jayakumarnilavazhagan5996 ปีที่แล้ว

    Thanks bro for your information

  • @sayalijadhav3490
    @sayalijadhav3490 11 หลายเดือนก่อน

    Come to Hong Kong.. gold is cheaper than Dubai here and also making charge is in pennies.

  • @epictacero
    @epictacero 2 ปีที่แล้ว +78

    😂😂 never invest in gold that you can’t physically hold, it’s all fine till there’s a run and everyone wants their gold

    • @JGM483
      @JGM483 2 ปีที่แล้ว

      Thanks for letting me know that idiots like you do exist🤣🤣

    • @DragonStoneCreations
      @DragonStoneCreations 2 ปีที่แล้ว +5

      U can, if the virtual gold is issued by the government

    • @epictacero
      @epictacero 2 ปีที่แล้ว +1

      @@DragonStoneCreations lol bro you ever heard the saying just because you can doesn’t mean you should

    • @vissankiravi2576
      @vissankiravi2576 2 ปีที่แล้ว +2

      This is the worst advice 😂

    • @epictacero
      @epictacero 2 ปีที่แล้ว

      @@vissankiravi2576 whys that?

  • @Akashsingh-ix6nj
    @Akashsingh-ix6nj 2 ปีที่แล้ว +25

    If you need money at night urgently your neighbour wont give you emergency money against that Gold bond , always invest in physical Gold .

    • @adityadhawan4207
      @adityadhawan4207 ปีที่แล้ว

      Stoopid

    • @parameshwariraghavan4861
      @parameshwariraghavan4861 ปีที่แล้ว

      Then, where do we keep it safe?

    • @Some_guy_passing_by
      @Some_guy_passing_by ปีที่แล้ว

      ​@@parameshwariraghavan4861be creative, I guess. 😊

    • @denizoz9224
      @denizoz9224 ปีที่แล้ว

      ​@@parameshwariraghavan4861dont live in a ghetto, and dont go telling people you have it. Or put it in a safe deposit box of a bank.

  • @kvenkat9351
    @kvenkat9351 2 ปีที่แล้ว +16

    In Dubai duty free gold, there is no making charges. are you you fooling us?

    • @financemadesimple9007
      @financemadesimple9007 2 ปีที่แล้ว

      Making charges for jewellery not for like gold bars and gold biscuits

  • @DragonBall-zv6tr
    @DragonBall-zv6tr 11 หลายเดือนก่อน

    In India also they take Making charges as Dubai but in Dubai as a tourist you get the 5 percent VAT eefund which really makes the difference... Moreover the variety of designs there is far more better than in India

  • @rajeevrp1500
    @rajeevrp1500 ปีที่แล้ว +1

    How to buy this bonds exactly ? Want to do it today.

  • @muraliyuvaraj4334
    @muraliyuvaraj4334 2 ปีที่แล้ว +4

    Lalitha jewellery owner key tough kuduppinga pola😂😂

  • @prathmikchaudhary5570
    @prathmikchaudhary5570 2 ปีที่แล้ว +8

    We all need this kind of shopkeepers.

  • @mohammadhussain625
    @mohammadhussain625 2 ปีที่แล้ว +4

    Heheheheh... when my girl want to wear necklace, i will give him SGB papers

  • @saahilbarui5095
    @saahilbarui5095 ปีที่แล้ว

    The intrest is in form of gold itself therfore it's tax free as well as capital gain is also tax free ....... done by govt. To reduce import of gold and unused gold can be used by persons who jeed it

  • @pareshtulsiani4289
    @pareshtulsiani4289 ปีที่แล้ว

    Forget the 22k and buy the 24k instead with no making.
    2) don’t buy it from a retailer, find a wholesaler - you’ll find many in deira and bur dubai. Their rates are way better than the normal prices. Usually about 10-11dhs cheaper per gm

  • @stutikhanna987
    @stutikhanna987 ปีที่แล้ว +4

    So should I start wearing bonds in party now😂

  • @prapu5549
    @prapu5549 2 ปีที่แล้ว +9

    ~Inflation laughing from the corner~

  • @praneelsingh7633
    @praneelsingh7633 ปีที่แล้ว +9

    imagine going to Dubai and getting your ass handed to you by a gold seller

  • @tahah8241
    @tahah8241 ปีที่แล้ว +1

    In India they charge on wastage plus making charges which goes way much higher than 18%. Buying physical gold comes with its own costs be it anywhere.

  • @sandeepkriplani9001
    @sandeepkriplani9001 10 หลายเดือนก่อน

    2.5 percent interest on SGB is not Tax free, it is taxable as per slab.

  • @atulsharma7337
    @atulsharma7337 2 ปีที่แล้ว +10

    This is what gets me everytime..
    Psyche.. !

  • @sree_drummer
    @sree_drummer 2 ปีที่แล้ว +7

    halamathi habibo ❤️

  • @saturnringskhan
    @saturnringskhan 2 ปีที่แล้ว +5

    2.5% interest per annum 🤣🤣🤣.
    That's like blocking your own money.

    • @otisdubey
      @otisdubey 2 ปีที่แล้ว +7

      Apart from 2.5% gold price appreciation is always there..

  • @ravikumarvines
    @ravikumarvines ปีที่แล้ว

    Go visit to Bhutan and you will get it at the cheapest price. Today gold price in Bhutan for 24 karat gold is 26,878.10 per 10 grams.

  • @TONY-bj5nr
    @TONY-bj5nr ปีที่แล้ว

    You should buy gold coins ... There is no making or any other charges... And while buying chain or ornaments we would get 20 grams of 22 karot gold only , but if you buy 24 k gold coin ... You can make chains or whatever ornaments in India .... With 10 grams of 24 k gold coin , you can make 12 grams weight of ornaments

  • @habeebkariem779
    @habeebkariem779 2 ปีที่แล้ว +5

    Bro imagine what I thought when the vid started, I had a fright...

  • @malayapati1684
    @malayapati1684 2 ปีที่แล้ว +4

    He is my senior🤣🤣in school.. 🙏

  • @dominikjunior1998
    @dominikjunior1998 2 ปีที่แล้ว +4

    😂😂😂 when you pointed finger on you.

  • @sankalpbansal9595
    @sankalpbansal9595 ปีที่แล้ว

    Being a ca intern i read that
    It is not tax free
    If you sold it before 8 years you have to pay capital gain on it

  • @subhadeepdas7556
    @subhadeepdas7556 ปีที่แล้ว

    1. You can just buy gold coins/bars. No making charges
    2. even in India most jewelers charge ~20% making charges

  • @happygame3330
    @happygame3330 ปีที่แล้ว +4

    It's haram For boys to wear gold in Islam ☪️ ❤
    Where are the Muslims Gigachads 👇👇

    • @Senku_Ishigami_1
      @Senku_Ishigami_1 ปีที่แล้ว +1

      Sheikhs and Emirs of UAE :- "Habibi, Humare yaha Aisa hi chalta hai"

    • @dymnd1283
      @dymnd1283 ปีที่แล้ว

      Ur shi* rule no cares

    • @ashwanivejrani8626
      @ashwanivejrani8626 ปีที่แล้ว

      Chup reh Muslim

    • @mob5122
      @mob5122 10 หลายเดือนก่อน

      Aukad honi chahiyee mulle 😂😂

  • @AdityaSingh-bi3nw
    @AdityaSingh-bi3nw ปีที่แล้ว

    The yellowness and purity of dubai gold is way better than what we have in here.. I bought it and compared to ours.. and it’s still cheaper in dubai than india, not much but difference is there

  • @hrushikeshavachat900
    @hrushikeshavachat900 ปีที่แล้ว

    U can buy gold chips and gild coins. It is cheaper in Dubai and no making charges.

  • @whatreally9
    @whatreally9 ปีที่แล้ว

    I have SGBs for over 2 years but have never seen any interest issued.

  • @jayant_verma_
    @jayant_verma_ ปีที่แล้ว +1

    If you buy gold brick there is no making charges but there is charges on ornaments.. 😊

  • @hareram-g
    @hareram-g ปีที่แล้ว +1

    Instead buy Saudi gold bonds,10+2=12 % gain

  • @HariReddy_e
    @HariReddy_e ปีที่แล้ว

    There is also value cap, 1lakh for women, 50k for men. He or she must be reside outside India for atleast 1year then only you are eligible for duty free import of gold ornement subject to above conditions.

  • @Breadts1cks
    @Breadts1cks ปีที่แล้ว +1

    I'm not Indian but by far this is the best Indian content I've seen on TH-cam. Most are scammy or don't make sense. Props

  • @Ourfishingstories
    @Ourfishingstories 11 หลายเดือนก่อน

    Here is the best option, come to bahrain on a visit visa buy gold coin at the airport while returning the tax amount will be credited to your bank account

    • @Jamdademahadev
      @Jamdademahadev 11 หลายเดือนก่อน

      Please explain in detail how how to buy and where?

  • @vaishnavinarsingrao5019
    @vaishnavinarsingrao5019 ปีที่แล้ว

    Gold is an emotion man, don't compare everything with money😎

  • @akshyapurbas1911
    @akshyapurbas1911 ปีที่แล้ว

    Bro it is tax free if you wait until maturity… and not if you redeem in middle or sell it through broker

  • @siddharthpadia2773
    @siddharthpadia2773 ปีที่แล้ว

    Also not covered under capital assets thus no capital gain will be charged

  • @bansalchirag1812
    @bansalchirag1812 ปีที่แล้ว

    Also there is cap between 20gm and 40gm for male and female it like if you have 50000 and 100000 respectively also there is conditions on number of days of stay.

  • @astra3978
    @astra3978 ปีที่แล้ว

    bro there are many shops in gold suk diera which offers ornaments with 0% making charge so u just need to pay current gold price and no other taxes and nothing . Go for it bcz variety is also demn good 😊
    i bought from Anwar luxury shop gold suk diera

  • @brooklynvlogs9396
    @brooklynvlogs9396 ปีที่แล้ว

    Damn shame I couldn't understand anything he said, seems like it was something useful and Important.