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Tax Free Bond

May 19, 2015 at 10:50 | Source: Moneycontrol.com
Mutual Funds NAVs across categories closed with positive returns on Monday as the market ended higher ahead of RBI's second bi-monthly monetary policy review.
May 19, 2015 at 09:36 | Source: CNBC-TV18
According to Nizam Idris, Head of Emerging Market Forex Strategy at Macquarie, India remains a decent reform story although uncertainty over tax issue remains a challenge.
May 18, 2015 at 14:20 | Source: PTI
As per the approved resolution, the funds would be raised through secured/unsecured, non-convertible, non-cumulative, redeemable, taxable/tax-free bonds under private placement during 2015-16 in up to eight tranches of up to Rs 2,000 of bonds with or without green shoe option.
May 08, 2015 at 22:04 | Source: PTI
The government had approved an amount of Rs 5,000 crore for raising tax-free bonds to support and sustain its solar initiatives through various agencies a few days back.
May 03, 2015 at 15:41 | Source: PTI
Five foreign portfolio investors (FPIs) from the US and the UK today moved the Bombay High Court challenging the Income Tax department's demand for Minimum Alternate Tax (MAT) on the profit earned from trading in stocks and bonds.
Apr 29, 2015 at 15:04 | Source: Reuters
Five straight years of surplus output has led to a free fall in prices, hitting mills' financials. Sugar mills owe about 201 billion rupees (USD 3.18 billion) to farmers.
Apr 27, 2015 at 17:39 | Source: PTI
Explaining the levy of MAT on foreign portfolio investors, Arun Jaitley said the decision was taken not by the government, but by quasi-judicial bodies, which were created well before the present government came to power to reassure investors that the tax system would be free of political interference.
Apr 25, 2015 at 12:02 | Source: Moneycontrol.com
Mutual Funds across categories plunged as the equity benchmarks falling more than 3-month low on Friday, largely due to selling pressure in Infosys post disappointing Q4 earnings.
Apr 24, 2015 at 15:57 | Source: Reuters
Foreign investors in India have previously paid 15 percent on short-term listed equity gains, 5 percent on gains from bonds, and nothing on long-term gains.
Apr 23, 2015 at 10:27 | Source: Moneycontrol.com
Mutual Funds closed with positive returns as the equity benchmarks snapped five-day losing streak with the Nifty closing above the 8400-mark, driven by short covering in private banks, capital goods, FMCG and pharma stocks on Wednesday despite fears of weak monsoon forecast.
Messages on Tax Free Bond »

SBI  

Naturally, he will say that, since PSU bank FDs and other taxable instruments are at a disadvantage relative to tax free bonds. But then again, with Sonia Gondhi herself investing 10 lakhs (at least) in tax free bonds (which certificates she apparently misplaced and took out a public advertisement

2.39 PM Jul 7th 2014

subasu

Platinum Member

583 Followers

Tax Planning & Help  

will be taxed either at 10% without indexation benefit or @ 20% with indexation benefit. Dividend on shares Rs. 3000 will be shown in Schedule EI. Interest from HUDCO tax free bonds also will be shown in SChedule EI, Fill up the form ITR 2 (on line) and you will know whether you have to pay any tax.

10.36 AM Jul 7th 2014

whatsupji

Platinum Member

261 Followers

VST Tillers  

in Wipro.. I would invest all the 588Cr in tax free bonds 8.5% and get 49.98cr every year.. which would then be invested in wipro or other great companies.. Wipro with a dividend yield of just 1.3% .. is way too low.. return for such a great amount of money.. and doing this of getting yearly interest

10.24 AM Jun 26th 2014

acumen

Platinum Member

160 Followers

Rural Elect Corp  

Dear Sreeni, Income Tax Exemption u/s 54EC in respect of Long Term Capital Gains is available with respect to investment in REC / NHAI Capital Gain Bonds. But, Interest Receivable on such bonds are Taxable, and not exempted. TAX FREE Bonds are different, wherein Interest is Tax Free

6.30 PM Jun 3rd 2014

mailstaffs

Silver Member

3 Followers

IFCI  

approval for tax free bond coming soon

1.31 PM May 19th 2014

avin 57

Platinum Member

688 Followers

Reliance  

1000lakh cr. x 11 states ,not a big amount for the development of the nation,,,,The real infra work.Work for lot of people and co.help from foreign also/internal fund raising INCOME TAX FREE bonds 8.5%....money will pour in.SEE BJP`S NEGATIVE ROLE...RIL can take up such projects and finish

7.42 PM May 14th 2014

narayansa

New Member

0 Follower

Tax Planning & Help  

If I sell some tax free bonds and make short term capital gain, can it be set off against carried forwrd short term losses in equities

11.25 AM May 14th 2014

rpasrija

New Member

1 Followers

Other Market Topics  

Good article. But what needs to be added here is that if the amount earned (e.g. interest earned from tax free bonds) is reinvested, the interest accrued from that would form a part of wife`s (spouse as the case may be) income. And hence one would be able to shift this amount to the lower tax

1.18 PM May 13th 2014

sreenivasho
lla

Platinum Member

534 Followers

Rural Elect Corp  

Shallu... these debentures come with lower coupon rates as they are tax free bond. Mainly targeted at tax savers and risk free investors. While I don`t get info on the interest rate offered on these bonds, I think it will be around 8% as it is tax free. That should provide REC a decent spread.

11.45 AM Apr 30th 2014

Other Market Topics  

Tax free bonds are good but they are not always available

1.21 PM Apr 22nd 2014

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