Finance Ministry

Rs 50 per gram discount on Sovereign Gold Bond Scheme 2019-20 (Series X) for digital purchase.

Rs 50 per gram discount on Sovereign Gold Bond Scheme 2019-20 (Series X) for digital purchase.

Government of India has decided to allow discount of Rs 50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode.

For such investors the issue price of Gold Bond will be Rs 4,210 (Rupees Four Thousand Twenty only) per gram of gold against the issue price of Rs 4,260. 

Sovereign Gold Bond Scheme 2019-20 (Series X) – Issue Price

Sovereign Gold Bonds 2019-20 (Series X) will be opened for the period March 02-06, 2020. The issue price of the Bond during the subscription period shall be Rs 4,260 (Rupees Four Thousand Two hundred Sixty only) – per gram with Settlement date March 11, 2020.

Share

Recent Posts

  • Empanelment

Engagement of 05 Young Professionals CAs at Central Registrar of Cooperative Society

Engagement of 05 Young Professionals CAs in the Office of Central Registrar of Cooperative Society on contractual basis The office…

58 minutes ago
  • Income Tax

AO can’t take two different stands on immunity u/s 270AA(2) for a same transaction

Immunity u/s 270AA(2) in respect of a single transaction can not be denied to one assessee when the penalty was…

21 hours ago
  • Income Tax

ITAT held 2000 gram jewellery reasonable in view of customary practices & CBDT Instruction

ITAT deleted addition u/s 69A towards jewellery found in search in view of Indian traditions, CBDT Instruction and High Court…

2 days ago
  • Income Tax

Documents obtained post search & information obtained from public domain not incriminating material

Documents obtained post search and information obtained from the public domain not incriminating material. Documents obtained by AO post search…

3 days ago
  • Income Tax

No second reopening for unexplained credits in bank due to bank’s name change

Information of deposits in bank did not constitute fresh information necessitating second reopening due to change in bank name In…

3 days ago
  • Empanelment

FDCM invites application for empanelment of practising CAs/ Chartered Accountant Firms

Invitation For Empanelment Of Practising Chartered Accountants / Chartered Accountant Firms Forest Development Corporation of Maharashtra Limited (FDCM Limited), Nagpur,…

1 week ago