Gold Monetisation Scheme

Gold Monetization Scheme Deposits by Temple/Religious Bodies State-wise. Eight temples have deposited gold under GMS 2015 so far

Gold Monetization Scheme Deposits by Temple/Religious Bodies State-wise

Ministry of Finance Press Release dated 06-05-2016

Eight (08) temples have deposited gold under Gold Monetization Scheme, 2015 so far and the State-wise details are as under: 

Name of the State Number of temples deposited gold under GMS
Tamil Nadu 04
Maharashtra 02
Andhra Pradesh 01
Jammu and Kashmir 01

The Government does not intend to make it mandatory for temples to deposit in the scheme at any point of time in the future. Government have allowed redemption of long term and medium term deposits in the form of gold land the guidelines to this effect has been issued by RBI on 31st March, 2016.

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

 

*****

Share

Recent Posts

  • consumer-protection

Software had nexus with generation of profits, purchaser can’t be said a consumer – SC

Purchase of software had a nexus with generation of profits, therefore purchaser was not a consumer under Consumer Protection Act…

36 minutes ago
  • post office

Termination upheld of Postmaster who embezzled money by mere stamping passbooks

Termination upheld of Postmaster who embezzled deposit money by mere stamping passbooks of account holders. In a recent judgment, Hon'ble…

2 hours ago
  • GST

Supreme Court stays DGGI order on the issue of two parallel GST proceedings

Supreme Court stays DGGI order on the issue of bar on two parallel GST proceedings in terms of Section 6(2)(b)…

5 hours ago
  • Income Tax

Assessee can’t be said to indulged in penny stock sale without showing his involvement

Assessee could not said to indulged in penny stock sale on human probabilities without showing his involvement – ITAT deleted…

8 hours ago
  • Excise/Custom

Before staying CESTAT order High Court should have framed substantial questions of law – SC

Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…

21 hours ago
  • CA CS CMA

CA issuing Form 15CB not required check genuineness of documents submitted

Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…

1 day ago