Tanishq re-launches Gold-harvest scheme

Tanishq the jewellery art of the Tata Group has re-started its gold deposit scheme ‘Gold Harvest’ after discontinuing it for a few months, this year, reports say. The scheme had been withdrawn following the implementation of a new Companies Act which deemed such schemes as public-deposit schemes, reports say. Accordingly, the new scheme has been launched with some revisions to comply with the new law, and now offers the return around 12 percent, which cannot be exceeded unlike the previous scheme exceeded, reports say.