Wednesday, 4 November 2015

New and Old Gold Bond Scheme - How the ordinary

Now the Government/RBI announced the New Gold bond scheme. But anybody know what happened to the previous Gold bond scheme? It was an additional burden on the people of India. Poor people had to pay various taxes like Excise Duty, etc. to cover the interest paid to the gold bond holder for almost half of the period of five year bond period for which Government could not use the gold. To know more, read my book, "A fraud in the Indian Constitution".  Also see my comment in the Economic Times:


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