norms on gold monetisation scheme

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norms on gold monetisation scheme

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....orms on gold monetisation scheme News and Press Release Dated:- 25-11-2016 Press Information Bureau Government of India Ministry of Finance 25-November-2016 17:25 IST Government has ....

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....recently issued norms on gold monetisation scheme. Based on the feedback received from the stakeholders of the scheme and the reviews held, Government has allowed following Tax Exemptions: i). Deposi....

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....t Certificates issued under Gold Monetisation Scheme, 2015 notified by the Central Government, are excluded from the definition of capital asset and hence are exempt from capital gains tax. ii). Inte....

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....rest income on Deposit Certificates issued under the Gold Monetisation Scheme, 2015 is also exempt from income-tax. These amendments are effective from the 1st day of April, 2016 and shall accordingl....

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....y apply in relation to assessment year 2016-17 and subsequent years. This was stated by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabh....

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....a today. ***** DSM/KA News - Press release - PIB....

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norms on gold monetisation scheme