TaxTMI 
TaxTMI 
Sovereign Gold Bond Scheme 2022-23
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....oration of India Ltd. (SHCIL), the authorised stock exchanges, and Clearing Corporation of India Limited (CCIL) or any other entity as may be approved by RBI 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 Section3 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 recognize....
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....India Bullion and Jewellers Association Limited, for the last 3 working days of the week-preceding the subscription period. (iii) The issue price of the Gold Bonds will be less by Rs.50 per gram than the nominal value to those investors applying online and making the payment against the application 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 anacknowledgment receipt in Form 'B', if all requirements of the application are fulfilled. (v) An incomplete application is liable to be rejected. ....
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....r Statutory Liquidity Ratio.- Bonds acquired by the banks through the process of invoking lien/hypothecation/pledge alone, shall be counted towards Statutory Liquidity Ratio. 14. Loan against Bonds.- (i) The Gold Bonds issued under this Scheme may be used as collateral security for availing any loan. Such loans could be granted by marking lien on Gold Bonds 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 Gold Bonds would be subject to decision of the bank/financing agency, and cannot be inferred as a matter of right. 15. Tax Treatment.- The interest received 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 for the 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 provisi....
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.... Cheque/Demand Draft Drawn on (in words) 19 Cheque/Demand Dated Applicant status: Resident Individual ( ), Trusts ( ), Charitable Institution[ ], University ( ), others ( ), Please specify: Applicant(s) Detail (in block letters) IFANY FIRST/SOLEAPPLICANT'S NAME IN FULL, Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) SECONDAPPLICANT'S NAME IN FULL Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) Guardian (in case of minor) EXISTING RBI INVESTOR ID, Date of Birth (minor) Date 20 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3(i)] Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) FIRST/SOLEAPPLICANT'S / GUARDIAN'S ADDRESS IN FULL (DO NOT FILL IN NAME AGAIN) CONTACTDETAILS Phone Email Fax BANK PARTICULARS FOR PAYMENT OF INTERESTWARRANT/REDEMPTION Account Holder Name Bank Name IFSC Code Account Type SB Account Current Account Account No. Branch Name /Address 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 en....
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.... redemption 11) Tradability 12) Loans from banks against the security of these bonds 13) Application forms Sovereign Gold Bond 2022-23 The Bonds will be restricted for sale to resident Indian entities including individuals, HUFS, Trusts, charitable institutions and Universities. Minimum subscription of 1 Gram and Maximum investment of 4kg for individuals and HUF & 20kg for trust and similar entities per investor per annum. Date of receipt of bond will be the same which is inscribed on the holding certificate. Demat and Physical (Certificate of Holding). Half yearly intervals. Interest will be credited directly into the account mentioned in the application form or in the Account linked with the Demat a/c. 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. Eight years from the date of issue. On the coupon dates after the 5th year of issuance. Bonds will be tradable on stock exchanges. The holders of the said securi....
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....ing a fresh nomination. g) The existing nomination can be cancelled by a request to the Office of Issue. h) The investor is entitled to receive repayment amount within five clear working days from the date of tender of application for early redemption. In case the bank does not comply with the above, you may lodge a complaint in writing in to the nearest office of Reserve Bank of India as under: THE REGIONAL DIRECTOR, RESERVE BANK OF INDIA, CONSUMER EDUCATION AND PROTECTION DEPARTMENT/ BANKING OMBUDSMAN (LOCATION) YOU MAY ALSO ADDRESS YOUR COMPLAINT TO: THE CHIEF GENERAL MANAGER INTERNAL DEBT MANAGEMENT DEPARTMENT CENTRAL OFFICE FORT, MUMBAI-400 001, MAHARASHTRA - Disclaimer: I have read and understood the details of information for the investors as well as rights and duties of investors. The agent/bank has explained the features of the scheme to me. Signature of the applicant 24 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II—SEC. 3(i)] Date Received from Mr/Mrs/Ms. Form 'B' [See Paragraph 5(4)] Acknowledgement Receipt Application No... Cash/ Demand Draft/Cheque No./Electronic Transfer/. ....
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....ान की तारीखों को उपलबà¥à¤§ होगा। I hereby certify that, Smt. / Shri holder of - तारीख को पà¥à¤°à¤¤à¤¿à¤µà¤°à¥à¤· किया जाà¤à¤—ा। बां ड--- is the registered units of Sovereign Gold Bond 2022-23 - Series I/II. The Sovereign Gold Bond 2022-23 Series I/II will bear interest at --percent per annum on initial investment of Rs.--- payable at half yearly intervals on --and every year. The Bonds are redeemable on year on interest payment dates. आवेदन पà¥à¤°à¤¾à¤ªà¥à¤¤à¤•à¤°à¥à¤¤à¤¾ कारà¥à¤¯à¤¾à¤²à¤¯ Application Receiving Office with the option for early redemption after fifth यह पà¥à¤°à¤®à¤¾à¤£à¤ªà¤¤à¥à¤° पà¥à¤°à¤£à¤¾à¤²à¥€ आधारित है अतः हसà¥à¤¤....
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....f the following Stock certificate/Bond Ledger and registered by the Public Debt Office/branch of the Agency bank .(date) vide Registration No... Particulars of the Stock Certificate/ Bonds Nomenclature of Date of Issue The loan Stock Certificate/ BLA No. Place: Date: (Signature(s) of the Stock Certificate holder(s) /BLA holder(s)) Signature with name and address of witnesses: 1. 2... Acknowledgment Amount(*) .for the loan (Name of Nominees) ...noted vide our We acknowledge having cancelled the nomination in favour of for the Stock Certificate/BLA No..... nomination registration no............. Dated.. Date: .Authorised Official... I/We* Form 'F'[See paragraph 17] TRANSFER OF STOCK CERTIFICATES ..of (transferor/s) do hereby assign and transfer my/our* interest or share in the inscribed stock certificate number percent Government Loan of amounting to being the amount /a portion of the stock for instrument together with the accrued interest thereon to.... executors, administrators or assigns, and I/We* number. I/We* as specified on the face of this . (transferee/s), ....
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....nataka Bank Ltd. and Corporation Bank) 12 UCO Bank 12 Karur Vysya Bank Ltd. 13 Kotak Mahindra Bank Ltd. 14 Nainital Bank Ltd. 15 RBL Bank Ltd. 16 South Indian Bank Ltd. 17 Tamilnad Mercantile Bank Ltd. 18 Yes Bank Ltd. 19 Bandhan Bank 20 IDFC Bank Ltd 21 IDBI Bank Ltd. 28 FOREIGN BANKS THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3(i)] 1 The Royal Bank of Scotland N.V 23 Mizuho Corporate Bank Ltd. 2 Abu Dhabi Commercial Bank Ltd. 24 Oman International Bank 3 Antwerp Diamond Bank N.V 25 Societe Generale 4 Arab Bangladesh Bank Ltd.(AB Bank) 26 Sonali Bank 5 Bank International Indonesia 27 Standard Chartered Bank 6 Bank of America 28 State Bank of Mauritius 7 Bank of Bahrain & Kuwait B.S.C 29 JSC - VTB Bank 8 Bank of Ceylon 30 UBS AG 9 Bank of Nova Scotia 31 10 Bank of Tokyo - Mitsubishi Ltd. 32 11 Barclays Bank 33 American Express Banking Corporation First Rand Bank Ltd. Commonwealth Bank of Australia 12 BNP Paribas 34 United Overseas Bank Ltd. 13 China T....