Gold Deposit Scheme

Clarifications on Gold Deposit Scheme

CIRCULAR DBOD. No. IBD.BC.81/23.67.001/2012-13 Dated 14/02/2013 The Central Government, with a view to bringing privately held stock of gold in circulation, reduce the country's reliance on import of gold and providing its owners with some income apart from freeing them from the problems of storage, movement and security of gold in their possession, had notified… Read More

Tags: Exchange-traded fundGold certificateGold Deposit SchemeJanuary 24 2013Mutual fundReserve Bank of IndiaRun batted inSecurities and Exchange Board of India

Government proposes changes in Gold Deposit Scheme; Import Duty on Gold & Platinum Raised to 6 Percent

Gold Deposit & ETF Schemes Linked to Unfreeze Part of Gold held under ETF  Import Duty on Gold & Platinum Raised to 6 Percent  Government Appeals to the people to moderate their Demand for Gold The Government has proposed to provide a link between the Gold ETF (Exchange Traded Fund) and the Gold Deposit Scheme.… Read More

Tags: Gold Deposit SchemeGold ETFGold Exchange Traded Fundministry of financeMoF

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