WebApr 27, 2024 · Tax-free bonds, on the other hand, even though they offer lower returns of 5.12-5.15 per cent (indicative yields), are tax-free. These bonds generally have a long-term maturity of ten years or ... WebJan 18, 2024 · What are Tax-Free Bonds. Tax-free bonds are issued by a government enterprise to raise funds for a particular purpose. One example of these bonds is the …
Reserve Bank of India
WebAug 31, 2024 · Interest rates on bank fixed deposits have fallen to multi-decade lows, thanks to RBI’s liquidity measures. For those who wish to get a decent regular income, tax-free bonds are a good option. pphi sindh online apply
Tax-Free Bonds 2024 in India - The Complete Guide
WebNov 4, 2024 · NRIs can invest in all 5-year, 10-year and 30-year bonds issued by the GoI from FY20-21. The RBI will designate new tenures and issues from time to time for NRIs to invest. NRI Bonds: Capital Gains . NRIs can invest in capital gains bonds issued by REC and NHAI under Section 54EC to claim deductions on capital gains. WebNov 29, 2024 · The scheme allows retail investors to buy and sell government bonds online. The Reserve Bank of India (RBI) announced the scheme in its February 2024 monetary policy. Watch. Guaranteed income plans from life insurance companies are popular as they are offering tax-free yields of up to 6%. WebWelcome To Josh Money!In this video of Josh Money, Aastha Sethi is talking about the Top 10 Bonds To invest in India. Bonds – also known as fixed income inst... pphl discount code