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Gold Deposit Bonds

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How much is Shashi Tharoor worth?

Shashi Tharoor, who is eyeing a fourth consecutive win from the Thiruvananthapuram Lok Sabha seat, has declared assets of over Rs 55 crore in his nomination papers. IMAGE: Congress candidate......

Modi's assets rise by Rs 26L to Rs 2.23 cr, owns no immovable property

Prime Minister Narendra Modi owns assets worth over Rs 2.23 crore, mostly as bank deposits, but has no immovable properties as he has donated his share in a piece of land in Gandhinagar, according......

Swapna committed no act of terror: HC in bail order

The Kerala High Court on Tuesday granted bail to Swapna Suresh and 7 others in a UAPA case lodged by the NIA in connection with the sensational gold smuggling through diplomatic channels, saying......

'Don't Consider Gold, Silver As Asset Classes'

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.''Gold, silver, and even Bitcoin produce no income, they merely store......

Gold deposit scheme can fetch Rs 1 trillion: SBI Research

Describing the proposed gold deposit scheme as ‘game changer’, the State Bank of India's economic research department has said it will help attract at least Rs 1 trillion in deposits on......

Treat gold deposits as part of cash reserve ratio: SBI

The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR),......

Modi's gold deposit scheme fails to attract investors

Indians have a deep attachment to gold, which they value not just as a wedding gift but also as a way to keep wealth away from the prying eyes of tax collectors. A gold deposit scheme launched amid......

No capital gains tax on redemption of gold bonds

To make investment in Sovereign Gold Bond scheme more attractive, the government on Monday proposed that redemptions of these bonds by an individual will not attract any capital gains tax. Deposit......

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