Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 11 2017 2017 (11) This

The Issue Price for the next subscription period i.e. November 20-22, 2017 for the Series III of the Sovereign Gold Bond Scheme 2017-18 would be ₹ 2,964 per gram with Settlement on November 27, 2017; A Discount of ₹ 50 per gram from the issue price would be allowed to those investors who apply online and the payment is made through Digital Mode

17-11-2017
  • Contents

The Government of India, in consultation with the Reserve Bank of India (RBI), had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period.

For the next subscription period i.e. November 20-22, 2017 for Series III of the Sovereign Gold Bonds 2017-18, the issue price shall be ₹ 2,964 (Rupees Two thousand Nine hundred Sixty Four only) – per gram with Settlement on November 27, 2017, as also published by RBI in their Press Release dated November 17, 2017.

The Government of India in consultation with the Reserve Bank of India (RBI), has decided to allow discount of ₹ 50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode.

Quick Updates:Latest Updates