{"id":56230,"date":"2022-03-03T16:46:49","date_gmt":"2022-03-03T11:16:49","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=56230"},"modified":"2022-09-13T18:11:02","modified_gmt":"2022-09-13T12:41:02","slug":"sebi-prepares-for-the-release-of-electronic-gold-receipts","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-prepares-for-the-release-of-electronic-gold-receipts\/","title":{"rendered":"SEBI prepares for the release of Electronic Gold Receipts"},"content":{"rendered":"<p>In order ramp up the operations related to spot gold exchanges in the country, The securities and exchange board of India has big steps forward. The regulator is now planning to impose a specific fee that the stockbroker would be required to pay to SEBI for transactions involving sale and purchase of electronic gold receipts (EGRs) in the stock <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a>.<\/p>\n\n\n\n<p>The new fee which will be levied is fixed at &#8377;0.00010 per cent of turnover (i.e &#8377; 10 for every 1 crore transacted) for EGR. SEBI also stated that every clear member &amp; and self-clearing member transacting in EGR must have a deposit of &#8377;1 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order ramp up the operations related to spot gold exchanges in the country, The securities and exchange board of India has big steps forward. The regulator is now planning to impose a specific fee that the stockbroker would be required to pay to SEBI for transactions involving sale and purchase of electronic gold receipts [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":56232,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI prepares for the release of Electronic Gold Receipts-Enterslice<\/title>\n<meta name=\"description\" content=\"EGR is an electronic receipt which is generated when a persondeposits the gold in physical form as per the regulations made bySEBI.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-prepares-for-the-release-of-electronic-gold-receipts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI prepares for the release of Electronic Gold Receipts-Enterslice\" \/>\n<meta property=\"og:description\" content=\"EGR is an electronic receipt which is generated when a persondeposits the gold in physical form as per the regulations made bySEBI.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-prepares-for-the-release-of-electronic-gold-receipts\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-13T12:41:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/03\/SEBI-prepares-for-the-release-of-Electronic-Gold-Receipts-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/56230"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=56230"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/56230\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/56232"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=56230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}