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Para 3 - Eligibility for Investment - Sovereign Gold Bond Scheme 2020-21 (From Series VII)

Extract

..... 3. Eligibility for Investment- The Gold Bonds under this Scheme may be held by a Trust, HUFs, Charitable Institution, University or by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual. Explanation- For the purposes of this paragraph: (i) "person" shall have the same meaning as defined in clause (u) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). (ii) the express .....

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Para 3 - Eligibility for Investment - Sovereign Gold Bond Scheme 2020-21 (From Series VII)

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..... Act, 1956 or under Section 8 of the Companies Act, 2013; or an institution, which has obtained a Certificate of Registration as a charitable institution in accordance with a law in force; or Any institution which has obtained a certificate from an Income Tax Authority for the purposes of Section 80G of the Income Tax Act, 1961. (v) "University" means a university established or incorporated by a Central, State or Provincial Act, and includes an institution declared under section 3 of t .....

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Para 3 - Eligibility for Investment - Sovereign Gold Bond Scheme 2020-21 (From Series VII)

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