Government, in consultation with the Reserve Bank of India, decides to issue Second Tranche of Sovereign Gold Bonds Scheme 2016; Applications for the bonds to be accepted from 18th January to 22nd January, 2016; Bonds to be issued on February 8, 2016 and will be sold through banks, Stock Holding Corporation of India Limited (SHCIL) and designated post offices. https://www.taxtmi.com/news?id=15474 Issuance of Sovereign Gold Bonds sets the issuance framework, investor eligibility and subscription limits, denomination in grams, eight year tenor with exit from year five, pricing and redemption based on IBJA weekly average for 999 purity gold, fixed semi annual interest on initial value, conversion to demat and tradability from a notified date, use as collateral with RBI aligned LTV, KYC as for physical gold, and tax treatment equivalent to physical gold. en-us Fri, 15 Jan 2016 10:14:50 +0530 Fri, 15 Jan 2016 10:14:50 +0530 TaxTMI RSS Generator Government, in consultation with the Reserve Bank of India, decides to issue Second Tranche of Sovereign Gold Bonds Scheme 2016; Applications for the bonds to be accepted from 18th January to 22nd January, 2016; Bonds to be issued on February 8, 2016 and will be sold through banks, Stock Holding Corporation of India Limited (SHCIL) and designated post offices. https://www.taxtmi.com/news?id=15474 Issuance of Sovereign Gold Bonds sets the issuance framework, investor eligibility and subscription limits, denomination in grams, eight year tenor with exit from year five, pricing and redemption based on IBJA weekly average for 999 purity gold, fixed semi annual interest on initial value, conversion to demat and tradability from a notified date, use as collateral with RBI aligned LTV, KYC as for physical gold, and tax treatment equivalent to physical gold. News - Fri, 15 Jan 2016 10:14:50 +0530 https://www.taxtmi.com/news?id=15474