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of <h1>Eligibility for Sovereign Gold Bond Scheme 2020-21: Trusts, HUFs, Charitable Institutions, Universities, and Individuals in India</h1> The Sovereign Gold Bond Scheme 2020-21 allows investment by trusts, Hindu Undivided Families (HUFs), charitable institutions, universities, and individuals residing in India. Individuals can invest in their capacity, on behalf of a minor, or jointly with others. Definitions include 'person' and 'person resident in India' as per the Foreign Exchange Management Act, 1999. Trusts are defined under the Indian Trusts Act, 1882, or recognized under relevant laws, including religious or charitable entities. Charitable institutions are defined by registration under specific company laws or tax certifications. Universities include those established by legislative acts or recognized by the University Grants Commission.
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