Nomination rights under the Sovereign Gold Bond Scheme permit NRI nominee transfer but interest and maturity proceeds remain non-repatriable. Nominations and cancellations must be made in Form D and Form E under the Government Securities Act and Regulations. An individual Non-Resident Indian ... Summary
Nomination rights under the Sovereign Gold Bond Scheme permit NRI nominee transfer but interest and maturity proceeds remain non-repatriable.
Nominations and cancellations must be made in Form D and Form E under the Government Securities Act and Regulations. An individual Non-Resident Indian nominee may have the security transferred to his name on the investor's death, provided the Non-Resident investor holds the security until early redemption or maturity, and interest and maturity proceeds are non-repatriable.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.