Cabinet to take up Gold Monetisation Scheme in few weeks
The scheme proposes to offer tax-free interest to individual on depositing the yellow metal with banks.
Jul 22, 2015, 15:22 PM IST
Now, get tax-free interest on gold deposits
The draft gold monetisation scheme also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 gms of gold, while the interest earned on it would be exempt from income tax as well as capital gains tax.
May 20, 2015, 14:32 PM IST
'Govt should frame national gold policy; set up gold bourse'
The government should come up with a "national gold policy" focusing on setting up its Exchange and launching of several investment products like gold savings account to put an estimated 22,000 tonnes of idle gold assets into active use, a WGC-FICCI report said Tuesday.
Dec 09, 2014, 14:54 PM IST
