https://www.taxtmi.com/news?id=15142 Sovereign Gold Bonds are government securities denominated in grams of gold issued by the Reserve Bank for the Government; investors pay cash, receive semiannual interest on initial investment, and obtain cash redemption at maturity based on prevailing market gold prices. Eligible resident investors may subscribe subject to KYC, per person annual ceilings and denomination rules; bonds are tradable, transferable, can be held in demat form, used as collateral, and premature redemption is permitted after a specified period. Interest and capital gains are taxable and issuing agents provide post issuance services. en-us Mon, 02 Nov 2015 14:19:55 +0530 Mon, 02 Nov 2015 14:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15142 Sovereign Gold Bonds are government securities denominated in grams of gold issued by the Reserve Bank for the Government; investors pay cash, receive semiannual interest on initial investment, and obtain cash redemption at maturity based on prevailing market gold prices. Eligible resident investors may subscribe subject to KYC, per person annual ceilings and denomination rules; bonds are tradable, transferable, can be held in demat form, used as collateral, and premature redemption is permitted after a specified period. Interest and capital gains are taxable and issuing agents provide post issuance services. News - Mon, 02 Nov 2015 14:19:55 +0530 https://www.taxtmi.com/news?id=15142