We offer different categories of bonds to investors and help them to get the highest yield with protection of capital also. As there are different categories of bonds, we help the investor to decide which product mix offers them tax saving and higher yield’s.
MAJOR TYPES OF BONDS
These bonds, generally issued by Corporates/Goverment backed entities, and are taxed on the interest income received from such instruments under the Income Tax Act, 1961
These bonds, generally issued by Government backed entities, are exempt from taxation on the interest income received from such instruments under the Income Tax Act, 1961.Some of the public undertakings which raises funds through issue of tax free bonds are IRFC, PFC, NHAI, HUDCO, REC, NTPC, NHPC,Indian Renewable Energy Development Agency (IREDA) etc.
Gains arising from transfer of any Long tern term asset are expemt under section 54EC if the assesse within the period of six months after the due date of transfer invests the capital gain in specified bonds as notified by Govt of India for period of 3 years.