https://www.taxtmi.com/news?id=14639 Sovereign Gold Bonds are government-issued instruments denominated in grams of gold, sold to resident Indian entities subject to a per-person cap, administered by the central bank on the government's behalf. Bonds pay a nominal interest rate linked to international gold-borrowing rates, with interest payable in grams of gold and principal repaid in rupee equivalent using referenced market rates; they bear a sovereign guarantee, are tradable and eligible as collateral under prevailing loan-to-value norms, and aim for tax parity with physical gold. en-us Fri, 26 Jun 2015 10:39:24 +0530 Fri, 26 Jun 2015 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14639 Sovereign Gold Bonds are government-issued instruments denominated in grams of gold, sold to resident Indian entities subject to a per-person cap, administered by the central bank on the government's behalf. Bonds pay a nominal interest rate linked to international gold-borrowing rates, with interest payable in grams of gold and principal repaid in rupee equivalent using referenced market rates; they bear a sovereign guarantee, are tradable and eligible as collateral under prevailing loan-to-value norms, and aim for tax parity with physical gold. News - Fri, 26 Jun 2015 10:39:24 +0530 https://www.taxtmi.com/news?id=14639