https://www.taxtmi.com/news?id=14997 A unified Gold Monetization Schemes framework pairs a Revamped Gold Deposit Scheme and Revamped Gold Metal Loan to mobilise household and institutional gold. The R GDS establishes BIS certified collection and purity testing, XRF preliminary tests, optional melting with fire assay, issuance of weight/purity certificates, Gold Savings Accounts denominated in grams of 995 fineness, specified tenures and differentiated redemption rules. Mobilised gold may be auctioned, credited to reserves, minted into coins or lent to jewellers under the GML. A Gold Reserve Fund will absorb price risk and tax exemptions consistent with prior schemes apply. en-us Thu, 17 Sep 2015 14:59:35 +0530 Wed, 11 Feb 2026 15:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14997 A unified Gold Monetization Schemes framework pairs a Revamped Gold Deposit Scheme and Revamped Gold Metal Loan to mobilise household and institutional gold. The R GDS establishes BIS certified collection and purity testing, XRF preliminary tests, optional melting with fire assay, issuance of weight/purity certificates, Gold Savings Accounts denominated in grams of 995 fineness, specified tenures and differentiated redemption rules. Mobilised gold may be auctioned, credited to reserves, minted into coins or lent to jewellers under the GML. A Gold Reserve Fund will absorb price risk and tax exemptions consistent with prior schemes apply. News - Thu, 17 Sep 2015 14:59:35 +0530 https://www.taxtmi.com/news?id=14997