Sovereign Gold Bond Scheme 2021-22

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....stock exchanges as specified in Annexure III to this Notification. c) "Stock Certificate" means the Gold Bond issued in the form of Government of India Stock in accordance with section 3 of the Government Securities Act, 2006. 3. Eligibility for Investment.- The Gold Bonds under this Scheme may be held by a Trust, HUFs, Charitable Institution, University or by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual. Explanation-- For the purposes of this paragraph: (i) "person" shall have the same meaning as defined in clause (u) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). (ii) the expression "person resident in India" shall have the same meaning as defined in clause (v) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). (iii) "Trusts" to mean a trust constituted/formed as per the Indian Trusts Act, 1882, or a public or private trust constituted or recognized under the provisions of any Central or State law for the time being in force and also an express or constructive trust constituted for either a public religious or charita....

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....st the application is made through digital mode. 5. Procedure for making application for subscription to Gold Bonds- (i) Any person who is desirous of subscribing to the Gold Bonds shall apply to any receiving office in Form 'A' or in any other form as near as thereto, stating clearly the grams of gold, full name and address of the applicant/s. (ii) Every application shall contain such documents and particulars as specified in the instructions contained in the Application Form. (iii) Every application must be accompanied by the 'PAN Number' issued by the Income Tax Department to Individuals and other entities. (iv) On receipt of an application under sub paragraph (i), the receiving office shall issue an acknowledgment receipt in Form 'B', if all requirements of the application are fulfilled. (v) An incomplete application is liable to be rejected. 6. Date and form of issue of Gold Bonds.-- (i) The Gold Bonds shall be issued on the in the form of a Stock Certificate, as specified in Form 'C'. (ii) The Gold Bonds shall be eligible to be converted into Demat form. 7. Period of subscription.- The Subscription of the Gold Bonds under this Scheme shall be open as specif....

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....n on SGB appropriately. (ii) The Loan to Value ratio as applicable to any ordinary gold loan mandated by the Reserve Bank of India shall also apply to the Bonds issued under this Scheme. Note: The loan against SGBs would be subject to decision of the bank/financing agency, and cannot be inferred as a matter of right. 15. Tax Treatment. The interest on the Gold Bond shall be taxable as per the provisions of the Income-Tax Act, 1961 (43 of 1961). The capital gains tax arising on redemption of these bonds to an individual is exempted. The indexation benefits will be provided to long-term capital gains arising to any person on transfer of bond. 16. Nomination.- (i) Nomination of and its cancellation shall be made in Form 'D' and Form 'E', respectively, in accordance with the provisions of the Government Securities Act, 2006 (38 of 2006) and the Government Securities Regulations, 2007, published in part III, Section 4 of the Gazette of India dated the 1st December 2007. (ii) An individual Non-Resident Indian may get the security transferred in his name on account of his being a nominee of a deceased investor; Provided that the Non-Resident investor shall need to hold the s....

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....¬â–¬â–¬â–¬â–¬Date of Birth (minor) SECONDAPPLICANT'S NAME IN FULL Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) Guardian (in case of minor) Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) FIRST/ SOLEAPPLICANT'S / GUARDIAN'S ADDRESS IN FULL(DO NOTFILL IN NAMEAGAIN) CONTACTDETAILS Phone Email Fax 19 20 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3(i)] BANK PARTICULARS FOR PAYMENT OF INTERESTWARRANT/ REDEMPTION Account Holder Name Bank Name Branch Name /Address Account No. IFSC Code Account Type SB Account Current Account Nominee details- Nomination Form (as applicable) to be filled and attached Depository participant details (to avail of option to hold the bond in demat form) Depository Name client ID) DP/ Client ID NSDL CDSL (For NSDL, enter 8 digit dp ID followed by 8 digit client ID, For CDSLenter 16 digit Declaration: I/We hereby declare and undertake that (i) my/our aggregate investment in Sovereign Gold Bonds 2021-22 does not exceed 4kg for individual and HUF & 20 Kg for trust and similar entities during the financial year 2021-22 and (ii) the Information furnished in this application ....

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....n Facility 8 9) Maturity period 10) Premature redemption Tradability Loans from banks against the security of these bonds 11) 12) 13) Application forms Post Maturity Interest is not payable. It is mandatory for the investors to provide bank account details to facilitate payment of interest /maturity value. The sole Holder or all the joint holders may nominate a maximum of two persons as nominee. years from the date of issue. On the coupon dates after the 5th year of issuance. Trading of these bonds on stock exchanges shall be notified. The holders of the said securities shall be entitled to create pledge, hypothecation or lien in favour of scheduled banks. Branches of all the scheduled commercial banks, designated Post offices, SHCIL and authorised stock exchanges. 22 22 THE GAZETTE OF INDIA: EXTRAORDINARY Instructions for Investors/ Applicants [PART II SEC. 3 (i)] a) Application should be complete in all respects. b) Incomplete applications may be rejected or delayed till full particulars are available. c) In case the application is submitted by a Power of Attorney (POA) holder, please submit original POA for verification, along with an attested copy.....

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....¤£à¥à¤¡ 3(i)] Date भारत का राजपत्र : असाधारण Form 'B' [See Paragraph 5(4)] Acknowledgement Receipt Application No... Received from Mr / Mrs / Ms..... Cash/ Demand Draft / Cheque No./ Electronic Transfer / .. dated ....../....……………/…………… drawn on (Bank and branch) for grams totaling an amount of .... (Rupees....... only) for the purchase of Sovereign Gold Bond 2021-22 – Series I/II/III/IV/V/VI for a period of 8 years, interest payable on basis of the nominal value of Rs.. (Rupees.... . only). (Stamp / Seal of the Receiving Office) Form ‘C’ [See paragraph 6 (1)] सत्यमेव जयते भारत सरकार Government of India राष्ट्रिक स्वर्ण बंधपत्र (सॉवरेन गोल्ड बॉण्ड) 2021-22 SOVEREIGN GOLD BON....

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....¾à¤œ भुगतान की तारीखों को उपलब्ध होगा। 23 THE GAZETTE OF INDIA: EXTRAORDINARY 24 I hereby certify that, Smt. /Shri [PART II SEC. 3 (i)] is the registered holder of units of Sovereign Gold Bond 2021-22- Series I/II/III/IV/V/VI. The Sovereign Gold Bond 2021-22 Series - I/II/III/IV/V/VI will bear interest at ---percent per annum on initial investment of payable at half yearly intervals on ---and every year. The Bonds are redeemable on with the option for early redemption after fifth year on interest payment dates. आवेदन प्राप्तकर्ता कार्यालय Application Receiving Office यह प्रमाणपत्र प्रणाली आधारित है अतः हस्ताक्षर आवश्यक नहीं। This....

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....*) (Signature(s) of the Stock Certificate holder(s) /BLA holder(s)) 25 26 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3 (i)] Signature with name and address of witnesses: 1. 2.. Acknowledgment We acknowledge having cancelled the nomination in favour of for the Stock Certificate/BLA No...... our nomination registration Nominees) Dated.. ..noted vide Date:. Authorised Official... (Name of for the loan no... I/We* Form 'F' [See paragraph 17] TRANSFER OF STOCK CERTIFICATES (transferor/s) do hereby assign and transfer my/our* interest or percent Government Loan share in the inscribed stock certificate number................of of amounting to Rs.………………………. being the amount /a portion ofthe stock for ……………. as specified on the face of this instrument together with the accrued interest thereon to ..(transferee/s), his/her/their* executors, administrators or assigns, and I/We* do freely accept the stock certificate number ........to the extent it has been transferred tome/us*. I/We* ..(transferee/s) hereby request that on my/our*being registered as the holder/s of....