June 14, 2019 12:05 pm
The Gold Monetisation Scheme can be a good way to maximise the value of idle gold lying at home. However, the key lies in evaluating its features to make an informed investment decision
September 25, 2015 3:03 am
Gold above prescribed threshold ‘need not be seized by tax authorities, but the tax penalties, as applicable will be levied’: FinMin.
September 11, 2015 1:13 am
Returns much higher than 1999 scheme that offered 0.75% & 1% on terms between three and five years.
September 11, 2015 1:06 am
The interest component of the Centre's new schemes give them an edge over other gold investing instruments, making them the most lucrative within the asset class.
September 10, 2015 2:17 am
The move follows an announcement in the 2015-16 Union Budget to curb gold imports that led to the current account deficit ballooning to 4.7 per cent of the GDP in FY13.