https://www.taxtmi.com/notifications?id=135671 The Sovereign Gold Bond Scheme 2021-22 issues government stock in one gram denominations (min one gram) to specified resident Indian entities with annual ceilings (4 kg individuals/HUF, 20 kg trusts). Nominal value is based on the three day average gold price; online digital payments attract a Rs.50 per gram discount. Bonds are convertible to demat, carry fixed interest at 2.50% per annum payable half yearly, mature in eight years with early redemption from year five, and have maturity redemption priced on the three day average gold rate. Interest is taxable; redemption capital gains are exempt for individuals. en-us Wed, 12 May 2021 00:00:00 +0530 Wed, 11 Feb 2026 15:59:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135671 The Sovereign Gold Bond Scheme 2021-22 issues government stock in one gram denominations (min one gram) to specified resident Indian entities with annual ceilings (4 kg individuals/HUF, 20 kg trusts). Nominal value is based on the three day average gold price; online digital payments attract a Rs.50 per gram discount. Bonds are convertible to demat, carry fixed interest at 2.50% per annum payable half yearly, mature in eight years with early redemption from year five, and have maturity redemption priced on the three day average gold rate. Interest is taxable; redemption capital gains are exempt for individuals. Notifications Indian Laws Wed, 12 May 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135671