Ministry of Finance declares “Electronic Gold Receipt” as securities under SCRA, 1956

The Ministry of Finance, declares “Electronic Gold Receipt” as securities under SCRA act 1956. “Electronic Gold Receipt” means an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by the Securities and Exchange Board of India under section 31 of the said Act.The Ministry of Finance, declares “Electronic Gold Receipt” as securities under SCRA act 1956. “Electronic Gold Receipt” means an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by the Securities and Exchange Board of India under section 31 of the said Act.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply