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    <title>Sovereign Gold Bond Scheme 2022-23</title>
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    <description>The Sovereign Gold Bond Scheme 2022-23 issues Government of India Stock in gram-denominated bonds to resident individuals, HUFs, trusts, charitable institutions and universities, with minimum one gram and annual ceilings of 4 kg (individuals/HUF) and 20 kg (trusts). Nominal value is fixed by a three-day simple average of 999 purity gold prices; online digital payments receive a Rs.50/gram discount. Bonds pay 2.50% p.a. interest half-yearly, mature in eight years with premature redemption after year five, are tradable, transferable, may be used as loan collateral subject to LTV norms, and feature specified tax treatment for interest and capital gains.</description>
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