https://www.taxtmi.com/news?id=19886 The Government launched the Gold Monetisation Scheme alongside Sovereign Gold Bonds and the Indian Gold Coin to mobilize household and institutional gold for productive use and to reduce reliance on gold imports, aiming to lower the current account deficit. Detailed guidelines are provided by the Reserve Bank and Government. The Gold Monetisation Scheme does not provide tax amnesty; tax treatment and exemptions mirror those under the earlier Gold Deposit Scheme and are governed by Ministry of Finance guidance. en-us Fri, 06 Apr 2018 18:31:20 +0530 Fri, 06 Apr 2018 18:31:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19886 The Government launched the Gold Monetisation Scheme alongside Sovereign Gold Bonds and the Indian Gold Coin to mobilize household and institutional gold for productive use and to reduce reliance on gold imports, aiming to lower the current account deficit. Detailed guidelines are provided by the Reserve Bank and Government. The Gold Monetisation Scheme does not provide tax amnesty; tax treatment and exemptions mirror those under the earlier Gold Deposit Scheme and are governed by Ministry of Finance guidance. News - Fri, 06 Apr 2018 18:31:20 +0530 https://www.taxtmi.com/news?id=19886