Monday, February 4, 2013
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Indian Real Estate News
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| Investors in India can buy Gold Coins from Post offices in India. It is another safest source for buying Gold Coins for Indians apart from Banks. Purity of the Coin is assured when we buy Gold coins from Post offices, just like Banks. Another advantage of buying Gold Coins from these sources, is the discounts offered in selling the Gold Coins. With wide network of branches, Gold coins from Post offices is one of the better way of buying Gold Coins in India. They normally offers discounts in the sale of Gold Coins on special occasions like Akshays tritya and at times of other important festivals. List of Post offices from where you can purchase Gold Coins in India can known in this link Generally Post offices give special discounts to Corporate customers. So when we buy Gold Coins on massive way, considering this option seems good. Dept. of Post is tying up with Reliance money for selling Gold Coins in India. Reliance money is the agency who is supplying Gold Coins to Post Offices. The age old tradition and Govt. backed assurance give a confidence in buying Gold Coins from Post offices in India. Gold Coins from Post Offices in India | | | | 1 | | What is the purity of Gold Coins | | Gold coins are of 99.99% pure | | | | | 2 | | From where Dept of Post purchases the
Gold Coins | | From Valcambi, Switzerland | | | | | 3 | | How can we ensure the purity of Gold Coins? | | Investor will be provided assayer certificates, tamper proof packs, etc.. | | | | | 4 | | What denominations, we can buy Gold Coin? | | 0.5gm, 1gm, 5gm, 8gm. Gold Coins. | | | | | 5 | | What is the price of Gold Coins? | | Day to day prices are determined depending on the market price on that day. | | | | | 6 | | What are the documents to be produced to buy Gold Coins from Post offices in India? | | For buying Gold Coins valued Rs.50000 or more, you have to carry KYC documents and PAN card.
If the purchased value is less than Rs.50,000, then no need for KYC documents. | | | | | 6 | | What is VAT applied for buying Gold Coins from Post offices in India? | | Generally VAT @ 1% will be applied. | | | | | 7 | | Will the Dept. of Post buy back Gold Coins? | | No. | | | |
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