https://www.taxtmi.com/acts?id=41108 Redemption of Sovereign Gold Bonds is payable at the end of an eight-year term; premature redemption is allowed after the fifth year and is effected on an interest payment date. Redemption is in Indian Rupees and the price equals the simple average of the closing price of 999 purity gold for the three preceding working days as published by the India Bullion and Jewellers Association Limited. The RBI or depository must inform the investor one month before maturity. en-us Mon, 19 Dec 2022 11:43:03 +0530 Mon, 19 Dec 2022 11:43:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41108 Redemption of Sovereign Gold Bonds is payable at the end of an eight-year term; premature redemption is allowed after the fifth year and is effected on an interest payment date. Redemption is in Indian Rupees and the price equals the simple average of the closing price of 999 purity gold for the three preceding working days as published by the India Bullion and Jewellers Association Limited. The RBI or depository must inform the investor one month before maturity. Act-Rules Direct Taxes Mon, 19 Dec 2022 11:43:03 +0530 https://www.taxtmi.com/acts?id=41108