Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 2 2021 2021 (2) This

Sovereign Gold Bond Scheme 2020-21 (Series XII) – Issue Price

27-2-2021
  • Contents

In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series XII) will be opened for the period March 01-05, 2021 with Settlement date March 09, 2021. The issue price of the Bond during the subscription period shall be ₹ 4,662 (Rupees Four thousand Six hundred Sixty two only) – per gram, as also published by RBI in their Press Release dated February 26, 2021.

The Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹ 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 ₹ 4,612 (Rupees Four thousand Six hundred twelve only) per gram of gold.

Quick Updates:Latest Updates