Interest on rec bonds

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Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2015 Can someone please give the latest interest rates on REC Bonds and also is this interest exempt?

CS,CA F,Numrologi TusharSampat (Expert)
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30 May 2015 it is 6% p.a and it is payable once in a year on 30th june and int is taxable under head income from other sources.

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CS,CA F,Numrologi TusharSampat (Expert)
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30 May 2015 http://www.recindia.nic.in/download/Issue_Highlights_54EC_Series_IX.pdf

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