https://www.taxtmi.com/news?id=16742 Government announces issuance of Sovereign Gold Bond 2016-17 Series III with subscription, issuance, denomination, pricing, and transfer rules. Eligibility is limited to resident Indian persons and entities with an annual per-person cap and joint-holding rule applying the limit to the first applicant. Bonds are denominated in grams, have an eight-year tenor with an exit option from year five, and issue and redemption prices are based on the prior week's simple average closing price of 999 purity gold with a discount on issue. Fixed semi-annual interest, taxable interest, capital gains exemption on redemption for individuals, demat eligibility, tradability, SLR eligibility, KYC, payment modes and commission arrangements are specified. en-us Fri, 21 Oct 2016 10:22:15 +0530 Fri, 21 Oct 2016 10:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16742 Government announces issuance of Sovereign Gold Bond 2016-17 Series III with subscription, issuance, denomination, pricing, and transfer rules. Eligibility is limited to resident Indian persons and entities with an annual per-person cap and joint-holding rule applying the limit to the first applicant. Bonds are denominated in grams, have an eight-year tenor with an exit option from year five, and issue and redemption prices are based on the prior week's simple average closing price of 999 purity gold with a discount on issue. Fixed semi-annual interest, taxable interest, capital gains exemption on redemption for individuals, demat eligibility, tradability, SLR eligibility, KYC, payment modes and commission arrangements are specified. News - Fri, 21 Oct 2016 10:22:15 +0530 https://www.taxtmi.com/news?id=16742