Retail investors will have the facility to open and maintain the 'Retail Direct Gilt Account' with RBI. RDG Account can be opened through an 'Online portal' provided for the purpose of the scheme.
No Permanent Establishment Declaration from the non-resident payee under DTAA
Remittance is an income earned in foreign which is transferred to any family member/relative in the country from any foreign nation. The Reserve Bank of India regulates remittances from foreign nations through its Liberalised remittance scheme. RBI liberalized remittance Scheme is not available to corporates, partnership firms, HUF, Trusts, etc.
The Sovereign Gold Bond Scheme has various benefits to offer. The bonds are to be issues in denominations of one gram of gold or multiples thereof.