https://www.taxtmi.com/notifications?id=136900 Introduction of silver exchange traded fund scheme permitting schemes that invest primarily in silver or silver related instruments, with custodial amendments allowing registered custodians to hold silver assets. Moneys collected must be invested only in silver or silver related instruments except for disclosed liquidity needs; pending deployment, funds may be held in short-term bank deposits. Recurring expenses expressly include storage and handling of silver. Valuation of silver is tied to the LBMA AM fixing price with metric and currency conversions and additions for transportation, handling and notional duties or a notional delivery premium. en-us Tue, 09 Nov 2021 00:00:00 +0530 Wed, 10 Nov 2021 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136900 Introduction of silver exchange traded fund scheme permitting schemes that invest primarily in silver or silver related instruments, with custodial amendments allowing registered custodians to hold silver assets. Moneys collected must be invested only in silver or silver related instruments except for disclosed liquidity needs; pending deployment, funds may be held in short-term bank deposits. Recurring expenses expressly include storage and handling of silver. Valuation of silver is tied to the LBMA AM fixing price with metric and currency conversions and additions for transportation, handling and notional duties or a notional delivery premium. Notifications SEBI Tue, 09 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136900