https://www.taxtmi.com/news?id=27044 Sovereign Gold Bonds 2023-24 will be issued in tranches via designated banks, SHCIL, CCIL, post offices and recognised stock exchanges; issue and redemption prices are based on the simple average of IBJA closing prices of 999 purity gold for specified preceding working days, with an online payment discount. The scheme sets eligibility (resident individuals, HUFs, trusts, universities, charitable institutions), denomination in gram multiples, fiscal-year subscription ceilings with self-declaration, issuance as Government of India Stock with demat option, a fixed semi-annual interest on nominal value, specified tax treatment for interest and capital gains, tradability, collateral use subject to RBI LTV norms, KYC and PAN requirements, and commission arrangements. en-us Sat, 09 Dec 2023 09:31:03 +0530 Sat, 09 Dec 2023 09:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27044 Sovereign Gold Bonds 2023-24 will be issued in tranches via designated banks, SHCIL, CCIL, post offices and recognised stock exchanges; issue and redemption prices are based on the simple average of IBJA closing prices of 999 purity gold for specified preceding working days, with an online payment discount. The scheme sets eligibility (resident individuals, HUFs, trusts, universities, charitable institutions), denomination in gram multiples, fiscal-year subscription ceilings with self-declaration, issuance as Government of India Stock with demat option, a fixed semi-annual interest on nominal value, specified tax treatment for interest and capital gains, tradability, collateral use subject to RBI LTV norms, KYC and PAN requirements, and commission arrangements. News - Sat, 09 Dec 2023 09:31:03 +0530 https://www.taxtmi.com/news?id=27044