Gold Bond News

The Cabinet raised the annual investment limit in Sovereign Gold Bonds (SGBs) to 4 kg per individual from 500 gm and relaxed other norms to make them more attractive to buyers. The ceiling will be counted on financial year basis and ...

The Gold Monetization Scheme and the Gold Bond Scheme, which evoked a poor response, will now come with some tax benefits. The Union Budget 2016-17, has proposed that gold bonds would be exempt from Capital gains tax at the time of ...

The Cabinet today approved Gold Bond and Gold Monetisation schemes to reduce the metal's demand in physical form and fish out idle gold lying with households and other entities. "It is safer and economically more stable to go under both these ...