Finance Minister Shri Arun Jaitley: Asks all the banks to make their best efforts to reach-out to potential investors to invest in the Second tranche of the Sovereign Gold Bonds which will be kept open from 18th January, 2016 to 22nd January, 2016 https://www.taxtmi.com/news?id=15473 Sovereign Gold Bonds are issued by the central bank on behalf of the government, denominated in grams and payable in rupees; resident Indian entities including individuals, HUFs, trusts and institutions are eligible. Bonds carry a fixed nominal interest paid semiannually, are available in demat and paper form, have an eight year tenor with an exit option from the fifth year on interest dates, and the issue price is fixed by reference to the previous week's average gold price. KYC follows gold norms and capital gains tax exemption applies. en-us Fri, 15 Jan 2016 10:13:01 +0530 Fri, 15 Jan 2016 10:13:01 +0530 TaxTMI RSS Generator Finance Minister Shri Arun Jaitley: Asks all the banks to make their best efforts to reach-out to potential investors to invest in the Second tranche of the Sovereign Gold Bonds which will be kept open from 18th January, 2016 to 22nd January, 2016 https://www.taxtmi.com/news?id=15473 Sovereign Gold Bonds are issued by the central bank on behalf of the government, denominated in grams and payable in rupees; resident Indian entities including individuals, HUFs, trusts and institutions are eligible. Bonds carry a fixed nominal interest paid semiannually, are available in demat and paper form, have an eight year tenor with an exit option from the fifth year on interest dates, and the issue price is fixed by reference to the previous week's average gold price. KYC follows gold norms and capital gains tax exemption applies. News - Fri, 15 Jan 2016 10:13:01 +0530 https://www.taxtmi.com/news?id=15473