https://www.taxtmi.com/acts?id=41083 Redemption is structured as repayment in Indian Rupees at the end of an eight year term, with premature redemption permitted after the fifth year on an interest payment date. The redemption price is based on the simple average of the closing price of 999 purity gold for the previous three working days as published by the India Bullion and Jewellers Association Limited, and the RBI or depository must inform investors one month in advance of the redemption date. en-us Sat, 17 Dec 2022 16:19:40 +0530 Sat, 17 Dec 2022 16:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41083 Redemption is structured as repayment in Indian Rupees at the end of an eight year term, with premature redemption permitted after the fifth year on an interest payment date. The redemption price is based on the simple average of the closing price of 999 purity gold for the previous three working days as published by the India Bullion and Jewellers Association Limited, and the RBI or depository must inform investors one month in advance of the redemption date. Act-Rules Direct Taxes Sat, 17 Dec 2022 16:19:40 +0530 https://www.taxtmi.com/acts?id=41083