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The Gold Monetisation Scheme, Indian Gold Coins and Sovereign Gold Bonds were all launched in the same event. Narendra Modi launching the Gold schemes and handing over a card to a woman in November 2015. It was first notified by the Department of Economic Affairs on 14 January 2016 under the Government Securities Act, 2006. The initial ...
HDFC Gold Exchange Traded Fund (NSE: HDFCMFGETF) Invesco India. Invesco India Nifty Exchange Traded Fund (NSE: IVZINNIFTY) Invesco India Gold Exchange Traded Fund (NSE: IVZINGOLD) Kotak Mutual Fund. Kotak Mutual Fund - Gold Exchange Traded Fund (NSE: KOTAKGOLD) Kotak Mutual Fund - PSU Bank Exchange Traded Fund (NSE: KOTAKPSUBK)
The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.
In 1964, UTI launched its first investment scheme Unit Scheme-1964 initially RBI had the regulatory and administrative control. UTI had the monopoly of the mutual fund industry till 1987 when the Government of India permitted public sector banks and financial institutions to sponsor mutual funds. [2] [3] Golden Jubilee Year - Commemorative Stamp
MSSC Scheme was launched by the Government of India in Budget 2023 for women and girls in India. Agnipath Scheme: CS MoD: 2022 Defense The Agnipath Scheme will be the sole method for recruiting soldiers below the rank of commissioned officers into the three branches of the armed forces.
Pages in category "Gold in India" The following 11 pages are in this category, out of 11 total. ... Gold as an investment; Gold business in Thrissur; M. Mohur; O.
Investment gold enjoys preferential tax treatment in the European Union [53] and Switzerland. [54] By contrast, gold jewelry is subject to sales tax in most countries because it is considered a consumer good. Capital gains tax: Profits from the sale of investment gold are treated as capital gains in many countries and taxed accordingly. In the ...
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...