Live Breaking News & Updates on Sovereign Gold Bond 2020 21
Stay updated with breaking news from Sovereign gold bond 2020 21. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Gold Bond Scheme 2021-22: The first upcoming tranche -Series VII, will open for subscription on Monday, October 25 and will close on October 29 - remaining open for investors for five days. ....
Sovereign Gold Bonds are available at an issue price of ₹ 4,889 per unit Sovereign Gold Bond 2021-22: The third tranche of the government-run sovereign gold bond scheme will close for subscription tomorrow, June 4, 2021. Gold bonds have become a preferred way for subscribers looking to invest in the yellow metal in a non-physical form amid the COVID-19 pandemic. Gold bonds, linked to the market price of gold, provide additional returns and are considered to be safer in view of being a government-run scheme, on behalf of the Reserve Bank of India (RBI). ( Also Read: After the present series, the gold bond scheme will be available for subscription with three more tranches. According to the Reserve Bank, an issue price of ₹ 4,889 per unit, equivalent to the value of one gram of gold, is applicable for the third tranche of the gold bond scheme 2021-22. The date of issuance for the third tranche is set as June 8, 2021. ....
Sovereign Gold Bond Scheme 2021-22: Subscribers can earn interest and get assured returns on their investment in gold bonds, the current series of which is open till tomorrow - May 28 ....
Issue Price Under the 12th tranche, each gold bond (equivalent to one gram of gold) is priced at Rs 4,662, according to the central bank. The rate is decided on the basis of spot prices provided by the Mumbai-based India Bullion and Jewellers Association (IBJA).
Important Dates The 12th tranche of the gold bond scheme opened for subscription on Monday, March 1, and is available for investing till today, March 5, 2021 Promoted Discount A discount of Rs 50 per unit is applicable for those investing in the gold bonds online, and the payment against the application is made through any of the digital modes. For investors paying online, the issue price of the gold price will be Rs 4,612 per gram of gold. ( ....
Union Budget 2021: Section 47 Of I-T Act Must Be Amended With Respect To Gold Bonds Scheme Budget 2021: Taxmann said in its pre-budget recommendations that section 47 should be amended to remove the reference of any particular year from the sovereign gold bond scheme Updated: February 01, 2021 10:32 am IST Budget 2021: Section 47 of Income Tax Act should be revised to remove the reference of year 2015. Budget 2021: Section 47 of the Income-Tax (I-T) Act provides that any transfer of Sovereign Gold Bonds (SGBs), issued by the Reserve Bank of India (RBI) under the Sovereign Gold Bond Scheme, 2015, by way of redemption, by an assessee being an individual shall not be treated as a transfer for the purpose of capital gain. According to research and advisory firm, Taxmann, Section 47 still refers to the sovereign gold bond issued under the Sovereign Gold Bond Scheme, 2015. However, the government issues a new sovereign gold bond scheme every year under its series o ....