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<h1>India Launches Sovereign Gold Bond Scheme 2019-20: Invest in Gold, Earn Interest, Tax Benefits on Redemption.</h1> The Government of India announced the Sovereign Gold Bond Scheme 2019-20, Series I-IV, allowing residents, trusts, HUFs, charitable institutions, and universities to invest. Bonds are denominated in grams of gold, with a minimum investment of one gram and maximum limits per fiscal year. Issued as Government of India Stock, they offer a 2.50% annual interest rate, payable semi-annually, and are redeemable after eight years, with early redemption allowed after five years. Bonds can be collateral for loans, and interest is taxable, while capital gains tax on redemption is exempt. Applications require PAN details, and the bonds are tradable and transferable.