Indian’s passion for gold is known to all. Gold is an asset with a social and emotional value attached to it, especially in India. It is the most desired asset that one wishes to hold. And we traditionally pass the passion down through the generations. Gold has religious importance as a token of Goddess Lakshmi and represents wealth. India is the second-largest consumer of gold after China because of this. But let’s see it with a different perspective. Let’s talk about saving in Sovereign gold bonds & tax implications on them.