https://www.taxtmi.com/notifications?id=118622 The Central Government establishes the Sovereign Gold Bond Scheme, 2016 issuing Government of India Stock denominated in grams of 999 purity gold, specifies eligible holders, subscription units and fiscal per-person limits, ties issue and redemption prices to the previous week's average market gold price, prescribes application, issuance and demat conversion procedures, sets fixed interest payable half-yearly with premature redemption after the fifth year and redemption at eight years, and provides for SLR eligibility, use as loan collateral, transferability, nomination, commission sharing and tax treatment mirroring physical gold. en-us Thu, 14 Jan 2016 00:00:00 +0530 Sat, 16 Jan 2016 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118622 The Central Government establishes the Sovereign Gold Bond Scheme, 2016 issuing Government of India Stock denominated in grams of 999 purity gold, specifies eligible holders, subscription units and fiscal per-person limits, ties issue and redemption prices to the previous week's average market gold price, prescribes application, issuance and demat conversion procedures, sets fixed interest payable half-yearly with premature redemption after the fifth year and redemption at eight years, and provides for SLR eligibility, use as loan collateral, transferability, nomination, commission sharing and tax treatment mirroring physical gold. Notifications Indian Laws Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118622