<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Overwhelming response received from the retail investors for Sovereign Gold Bond Scheme (SGB) ; 63,000 applications received for a total of 246.20 crore by the Banks and Post Offices for 917 kgs of gold; Number of decisions taken to improve the reach of Gold Monetisation Scheme (GMS)</title>
    <link>https://www.taxtmi.com/news?id=15224</link>
    <description>The Government launched the Sovereign Gold Bond Scheme to convert retail investment in physical gold into a government bond alternative and issued the first tranche through banks and post offices, attracting substantial retail subscriptions. The Gold Monetisation Scheme provides deposit and monetisation routes via CPTCs and licensed refiners; measures to boost participation include expanding CPTC registration, inviting jewellers to act as CPTCs with refiner tie ups, easing refiner experience requirements, permitting direct deposits to refiners, reimbursing banks&#039; operational fees on actuals, clarifying tax exemptions, and continuing public awareness campaigns.</description>
    <language>en-us</language>
    <pubDate>Sat, 28 Nov 2015 09:20:56 +0530</pubDate>
    <lastBuildDate>Sat, 28 Nov 2015 09:20:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=406858" rel="self" type="application/rss+xml"/>
    <item>
      <title>Overwhelming response received from the retail investors for Sovereign Gold Bond Scheme (SGB) ; 63,000 applications received for a total of 246.20 crore by the Banks and Post Offices for 917 kgs of gold; Number of decisions taken to improve the reach of Gold Monetisation Scheme (GMS)</title>
      <link>https://www.taxtmi.com/news?id=15224</link>
      <description>The Government launched the Sovereign Gold Bond Scheme to convert retail investment in physical gold into a government bond alternative and issued the first tranche through banks and post offices, attracting substantial retail subscriptions. The Gold Monetisation Scheme provides deposit and monetisation routes via CPTCs and licensed refiners; measures to boost participation include expanding CPTC registration, inviting jewellers to act as CPTCs with refiner tie ups, easing refiner experience requirements, permitting direct deposits to refiners, reimbursing banks&#039; operational fees on actuals, clarifying tax exemptions, and continuing public awareness campaigns.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Sat, 28 Nov 2015 09:20:56 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=15224</guid>
    </item>
  </channel>
</rss>