https://www.taxtmi.com/news?id=15504 Amendments to the Gold Monetization Scheme permit premature withdrawal of medium and long term government gold deposits after the respective lock in periods subject to a lower interest rate penalty based on actual deposit duration; allow direct deposit with refiners where assaying capacity exists to reduce time to interest accrual; provide a first year commission to participating banks for handling and distribution; and require regular review of the Scheme to resolve implementation issues and enhance customer friendliness. en-us Fri, 22 Jan 2016 12:35:17 +0530 Fri, 22 Jan 2016 12:35:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15504 Amendments to the Gold Monetization Scheme permit premature withdrawal of medium and long term government gold deposits after the respective lock in periods subject to a lower interest rate penalty based on actual deposit duration; allow direct deposit with refiners where assaying capacity exists to reduce time to interest accrual; provide a first year commission to participating banks for handling and distribution; and require regular review of the Scheme to resolve implementation issues and enhance customer friendliness. News - Fri, 22 Jan 2016 12:35:17 +0530 https://www.taxtmi.com/news?id=15504