Gold Monetisation Scheme | Central Government Schemes | Ministry of Finance | Revision & PDF Notes
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- Опубликовано: 26 окт 2024
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In this session we will be discussing Gold Monetisation Scheme.
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Yes, there is a tax exemption on the interest.
Yes,tax exemption on the interest earned under this gold monetization scheme.
Thank you so much ma'am
Hi Kiran!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
Yes, there is tax exemption on the interest rate a person gets on gold monetization scheme.. Thank you madam
Hi Aditya!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
Homework question - Yes interest earned is exempt from income tax, wealth tax and capital gain tax.
Thank you mam
Hi Nilesh!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
Yes ,tax exemption on the interest as this will reduce gold import and increase gold circulation.
Hi Aadhith!
The answer is correct. Very Good.
All the very best for your examination.
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Deeksha
Team EduTap
How would it stop gold imports?
Mai. Ranchi. Jharkhand se hu. Mai ranchi ke kai bank me gai thi lekin sabhi ne kaha ki we log aesi kisi bhi scheme ke bare me nahi jante to plz kya aap mujhe bata sakti hai ki ranchi ke kis bank me ye scheme hai
Thank you mam 👍 Please cover AMRUT Scheme as well.
Hi Shruti!
Your feedback has been noted.
All the very best for the examination.
Thanks and Regards,
Deeksha
Team EduTap
Yes, there is tax exemption on the interest earned under the gold monetization scheme.
As usual, Nice and beautiful session Mam...
Hi PDC!
The answer is correct. Very Good.
All the very best for your examination.
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Deeksha
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Thank you ma'am...
Ma'am from which lecture no. do I need to watch for the govt.schemes..I started following ur session from the Ministry of Finance
Hi Kush!
Thank you for raising the query.
Please note that all the schemes are important from the examination point of view.
If you are preparing for RBI Grade B, after the analysis of previous year papers it was observed that the schemes hold major portion in the second phase of the examination. Yes, there were 5-6 questions in Phase 1 of RBI Grade B 2021(for the very first time ) but still the questions were covered from more of GA point of view. So, if for now your focus is Phase-1, you can cover 1-2 schemes per day till phase 1 and after that you can increase the number.
I hope it helps.
If you still have doubts, feel free to revert.
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Deeksha
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1-Deposit Certificates issued under Gold Monetisation Scheme, 2015 notified by the Central Government, are excluded from the definition of capital asset and hence are exempt from capital gains tax.
2-Interest income on Deposit Certificates issued under the Gold Monetisation Scheme, 2015 is also exempt from income-tax.
Hi Shambhu!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
Yes, there is tax exemption on interest
Hi Niveditha!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
homework-yes ,there is tax exemption on the interest the person earns under the gold monetisation scheme
Hi Sweta!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
@@EduTap ❤️❤️❤️
very nice video. I think there is tax exemption on Gold Monetisation Scheme.
What is the name of this series and the name of faculty?? I wish to go through all the videos in this series.
Thanks again Team Edutap for this wonderful video.
As the money we kept in banks insured by DICGC, is there any amount upto which theses golds are also insured?
Hyy mam, here the minimum deposit of gold is 30 gm where u write 10 gm its wrong ..
Homework Question - Interest income is tax exempted in gold monetisation scheme.
Hi Nikhil!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap
Interest earned is exempted from tax
Hi Divya!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
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No tax on interest
Hi Rajlaxmi!
The answer is correct. Very Good.
All the very best for your examination.
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Deeksha
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Is anyone preparing for sidbi ...
Please guide me from where i can cover all ESI portion
🤣🤣🤣🤣🤣🤣🤣🤣🤣
Yes, There is a tax exemption on the interest.
Hi Anup!
The answer is correct. Very Good.
All the very best for your examination.
Thanks and Regards,
Deeksha
Team EduTap