Annual cap on gold bond scheme will be 500 grams per individual, Arun Jaitley said. The Finance Minister is of the view that the Gold Monetisation Scheme will channelise idle gold assets.
Annual cap on gold bond scheme will be 500 grams per individual, Arun Jaitley said. The Finance Minister is of the view that the Gold Monetisation Scheme will channelise idle gold assets.
Talking about the interest rates, the FM added that interest on gold bonds will be decided by government from time to time.
It is widely estimated that the country houses around 24,000 tons of gold stocks, however, the actual number can be much higher than the estimates.
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