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The Reserve Bank of India (RBI) move to accumulate gold consistently as part of forex reserves management has paid off rich dividend with the yellow metal prices hitting a new high every passing day.
Here’s how you can avoid tax investigation Gold purchase, storage, and tax rules in India: The government has established rules regarding the purchase and storage of gold in India. According to ...
One of the industry source added that the RBI also found that fintech agents were handling gold collection, storage, and ...
The RBI plans to tighten gold loan regulations ... These agents have been handling crucial tasks such as gold collection, storage, and weighing—responsibilities that should be performed by ...
Reserve Bank of India (RBI) has issued an amendment to the Gold Monetization Scheme (GMS), 2015, following a government directive. Effective March 26, 2025, the Medium and Long Term Government Deposit ...
While the government faces this financial strain, the Reserve Bank of India (RBI) has been quietly building a gold reserve since the inception of the SGB scheme. As of now, the RBI holds 321 ...
Gold reserves decreased by USD 1.304 billion to USD 73.272 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 27 million to USD 17.998 billion, the apex bank said.
The RBI has announced the final redemption price for the Sovereign Gold Bond (SGB) 2016-17 Series IV at Rs 8,634 per gram. Issued in March 2017 at Rs 2,943 per gram, investors earned a 193% return ...
The Reserve Bank of India (RBI) said the redemption price for the final redemption of Sovereign Gold Bonds (SGBs) due on March 17, 2025 would be ₹8,624 per unit of SGB. “This price has been ...