Jun 03, 2014 at 22:33 | Source: CNBC-TV18
These bonds are likely to not have any tax breaks, but will have longer tenure - at least 7 years if not 10 years with a higher coupon rate so that it attracts investors.
May 24, 2014 at 13:41 | Source: Moneycontrol.com
The risk here is that in the process of earning tax free returns the actual yield of rate earned for the individual could be going down.
Apr 30, 2014 at 18:57 | Source: PTI
The issue was fully subscribed with aggregate bids for Rs 310 crore, he said. IFCI had posted a 13.57 percent jump in profit to Rs 170 crore for the fourth quarter ended March, 2014 on account of lower cost of funds.
Apr 07, 2014 at 16:33 | Source: Moneycontrol.com
There are so many people who put money in fixed income instruments and pay 30 percent tax on it but they won't invest in tax free bonds because it carries market risk, says Nilesh Shah.
Mar 27, 2014 at 12:36 | Source: Moneycontrol.com
Government of India, Ministry of Finance, Department of Revenue, CBDT has authorized IFCI to issue during Financial Year 2013-14, tax free, secured, redeemable, non-convertible bonds upto to Rs 430 crore, as per the terms and conditions of the notification referred to above.
Mar 24, 2014 at 17:35 | Source: Moneycontrol.com
It is time now for every tax payer in the country to make a resolution to have a separate independent Income-tax file for every member in the family. The objective of this is to achieve tax planning and cut down on your income-tax payments.
Mar 11, 2014 at 19:14 | Source: PTI
The issue was oversubscribed on the first day itself, with the Bank receiving bids for an amount of Rs 1,252 crore in all the four categories as against the total issue size of Rs 1,000 crore.
Mar 10, 2014 at 17:18 | Source: Moneycontrol.com
National Housing Bank is wholly owned by Reserve Bank of India. The primary objective of NHB is to promote financial institutions which are in housing sector and support them.
Mar 03, 2014 at 17:25 | Source: Moneycontrol.com
Few tax free bonds are being issued in the market. It will probably be the last tranche and so a last chance for investors who missed out previously. Among these IRFC, REC and HUDCO are well known to investors.
Mar 01, 2014 at 12:02 | Source: Moneycontrol.com
NTPC has informed that CBDT under notification dated February 13, 2014 allocated to NTPC an additional limit of Rs. 500 crore for issue of tax-free bonds, this was in addition to Rs 1750 crore allocated by CBDT under notification dated August 08, 2013 which was successfully completed by way of public issue in December 2013.