https://www.taxtmi.com/notifications?id=132555 The Scheme issues Sovereign Gold Bonds as Government of India Stock in gram denominations, available to resident individuals, HUFs, trusts, charitable institutions and universities. Annual subscription ceilings: 4 kg for individuals/HUFs and 20 kg for trusts; nominal value fixed by the three day average gold price of 999 purity, with Rs.50 per gram discount for online digital payments. Bonds bear 2.50% p.a. interest payable half yearly, have an eight year tenor with premature redemption from year five, are transferable and tradable, usable as loan collateral subject to LTV norms, and receive capital gains tax exemption on redemption for individuals. en-us Mon, 13 Apr 2020 00:00:00 +0530 Wed, 11 Feb 2026 15:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132555 The Scheme issues Sovereign Gold Bonds as Government of India Stock in gram denominations, available to resident individuals, HUFs, trusts, charitable institutions and universities. Annual subscription ceilings: 4 kg for individuals/HUFs and 20 kg for trusts; nominal value fixed by the three day average gold price of 999 purity, with Rs.50 per gram discount for online digital payments. Bonds bear 2.50% p.a. interest payable half yearly, have an eight year tenor with premature redemption from year five, are transferable and tradable, usable as loan collateral subject to LTV norms, and receive capital gains tax exemption on redemption for individuals. Notifications Indian Laws Mon, 13 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132555