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12 cze 2024 · Tax-free bonds provide a safe investment option with tax benefits. They offer fixed interest earnings and have maturities of 10-20 years. Top tax-free bonds for 2024 include those issued by National Highways Authority of India, National Housing Bank, NTPC Limited, etc. Investors can apply for tax-free bonds through primary or secondary markets.
Tax-free bonds usually have a pre-fixed coupon rate by the government. The interest rate generally ranges from 5.50% to 6.50%. Advantages of Tax-Free Bonds? Tax-exempt income: The interest earned from tax-free bonds is exempt from income tax. Stable income: Tax-free bonds provide fixed interest rates throughout the tenure.
Tax Free Bonds are a suitable investment option for investors looking for income that is tax exempt. IndiaBonds offers a list of tax-free bonds to invest online and get stable yields.
Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State ...
section 10(15), item (h) of sub-clause (iv) of the income-tax act, 1961 - exemptions - interest on bonds/debentures - specified companies authorized to issue tax-free, secured, redeemable, non-convertible bonds during f.y. 2012-13 – amendment in notificat
Tax-Free Bonds offer tax-exempt interest income when held until maturity, issued by government-backed entities. Explore the list of Tax-Free Bonds in India now!
Discover what tax-free bonds in India are and how they offer tax-exempt interest income to investors. Start exploring the advantages of govt & non govt tax-free bonds and make informed investment decisions with our comprehensive guide.
