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Top News In இறையாண்மை தங்கம் பத்திரம் முக்கியமான தேதிகள் Today - Breaking & Trending Today

Sovereign Gold Bond (SGB) Scheme: Issue Price For 12th Tranche Closes Today: Check Important Dates, Discount, Interest


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. ( ....

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Budget 2021: Section 47 Of Income Tax Act Must be Amended With Respect To Sovereign Gold Bonds Scheme


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 ....

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Sovereign Gold Bond (SGB) Scheme 2020-21: Sovereign Gold Bonds Series X Subscription Ends Today Next Window On Feb 1


Sovereign Gold Bonds Subscription For Tenth Tranche Ends Today: What You Need To Know
Sovereign Gold Bond Scheme: The next window for investing in gold bonds - Series XI of the SGB 2020-21 scheme, will open on February 1, 2021, for a period of five days
Updated: January 15, 2021 5:27 pm IST
Sovereign Gold Bond Scheme: An issue price of Rs 5,104 per gram is applicable to Series X
Sovereign Gold Bond 2020-21 Scheme: Subscription for the tenth tranche of the government s Sovereign Gold Bond (SGB) 2020-21 programme will end on Friday, January 15. After the current issue, Series XI of the gold bond 2020-21 scheme will be available for five days starting February 1, 2021. Under the gold bond scheme, the Reserve Bank of India issues interest-paying bonds linked to the market price of gold. The scheme comes with benefits such as discounts on online subscription when payments are made through digital modes. The Sovereign Gold Bonds are aimed at restricting gold imp ....

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