GOLD BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1993
[Act, No. 25 of 1993]
[2nd April, 1993]
PREAMBLE
An Act to provide for certain immunities to the subscribers of the Cold Bonds and for certain exemptions from direct taxes in relation to such Bonds and for matters connected therewith or incidental thereto.
WHEREAS with a view to mobilising the idle gold resources of residents in India, it is expedient to provide for certain immunities and exemptions to render it possible for such residents to subscribe to Gold Bonds.
BE it enacted by Parliament in the Forty-fourth Year of the Republic of India as follows:-