Sovereign Gold Bond 2021-22: resident investors limited to 1g minimum, interest half yearly, 8 year maturity with early redemption. Sovereign Gold Bond 2021-22 limits subscriptions to resident Indian entities, with minimum 1 gram and maximum annual limits of 4 kg for individuals/HUF and 20 kg for trusts; bonds may be held in demat or physical form; PAN and bank account details are mandatory; interest is paid half yearly to the provided account and post maturity interest is not payable; maturity is eight years with premature redemption available on coupon dates after the fifth year and early redemption repayment due within five working days.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sovereign Gold Bond 2021-22: resident investors limited to 1g minimum, interest half yearly, 8 year maturity with early redemption.
Sovereign Gold Bond 2021-22 limits subscriptions to resident Indian entities, with minimum 1 gram and maximum annual limits of 4 kg for individuals/HUF and 20 kg for trusts; bonds may be held in demat or physical form; PAN and bank account details are mandatory; interest is paid half yearly to the provided account and post maturity interest is not payable; maturity is eight years with premature redemption available on coupon dates after the fifth year and early redemption repayment due within five working days.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
