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of <h1>Electronic Gold Receipts Recognized as Securities Under Securities Contracts (Regulation) Act 1956, Effective December 24, 2021.</h1> The Central Government has declared 'Electronic Gold Receipt' as securities under the Securities Contracts (Regulation) Act, 1956. This decision, effective from December 24, 2021, is made under the powers granted by the Act. An Electronic Gold Receipt is defined as an electronic receipt issued based on the deposit of physical gold, in compliance with regulations established by the Securities and Exchange Board of India (SEBI) under section 31 of the Act.
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