https://www.taxtmi.com/news?id=21340 Sovereign Gold Bond Scheme 2019-20 provides monthly issuances by the Reserve Bank on behalf of the Government to resident individuals, HUFs, trusts, universities and charitable institutions; bonds are denominated in grams, have an eight year tenor with an exit after year five, and annual subscription ceilings (4 kg for individuals/HUFs, 20 kg for trusts) with PAN and self declaration required. Issue and redemption prices are based on a three day simple average of 999 purity gold prices published by IBJA, payments may be by cash (subject to limit), draft, cheque or electronic banking, and bonds are issued as Government of India Stock, eligible for dematerialisation. en-us Fri, 31 May 2019 12:54:03 +0530 Fri, 31 May 2019 12:54:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21340 Sovereign Gold Bond Scheme 2019-20 provides monthly issuances by the Reserve Bank on behalf of the Government to resident individuals, HUFs, trusts, universities and charitable institutions; bonds are denominated in grams, have an eight year tenor with an exit after year five, and annual subscription ceilings (4 kg for individuals/HUFs, 20 kg for trusts) with PAN and self declaration required. Issue and redemption prices are based on a three day simple average of 999 purity gold prices published by IBJA, payments may be by cash (subject to limit), draft, cheque or electronic banking, and bonds are issued as Government of India Stock, eligible for dematerialisation. News - Fri, 31 May 2019 12:54:03 +0530 https://www.taxtmi.com/news?id=21340