https://www.taxtmi.com/news?id=24594 Issuance of the Sovereign Gold Bond 2021-22 is scheduled in four tranches from October 2021 to March 2022; bonds will be issued by the Reserve Bank of India on behalf of the Government and sold through designated banks, SHCIL, CCIL, recognised stock exchanges and post offices. Eligibility is limited to resident individuals, HUFs, trusts, universities and charitable institutions; tenor is eight years with exit after the fifth year. Minimum investment is 1 gram, annual caps apply, issue and redemption prices are based on the three day simple average of 999 purity gold prices, interest is paid at a fixed semi annual rate, bonds are tradable and convertible to demat, interest is taxable while redemption gains for individuals are exempt with indexation available. en-us Thu, 21 Oct 2021 18:25:46 +0530 Thu, 21 Oct 2021 18:25:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24594 Issuance of the Sovereign Gold Bond 2021-22 is scheduled in four tranches from October 2021 to March 2022; bonds will be issued by the Reserve Bank of India on behalf of the Government and sold through designated banks, SHCIL, CCIL, recognised stock exchanges and post offices. Eligibility is limited to resident individuals, HUFs, trusts, universities and charitable institutions; tenor is eight years with exit after the fifth year. Minimum investment is 1 gram, annual caps apply, issue and redemption prices are based on the three day simple average of 999 purity gold prices, interest is paid at a fixed semi annual rate, bonds are tradable and convertible to demat, interest is taxable while redemption gains for individuals are exempt with indexation available. News - Thu, 21 Oct 2021 18:25:46 +0530 https://www.taxtmi.com/news?id=24594