Funded debts
This query is : Resolved
NAGAMALLI RAJ KUMAR
(Querist)
20 January 2016
The loan taken by government on promissory notes is called Funded Debts. This loan is not repaid. Only interest is paid on them by the government. Why?
Arpit Shah
(Expert)
20 January 2016
https://taxguru.in/income-tax/taxation-capital-gains-case-shares-securities-mutual-funds-units-fy-201415.html
Arpit Shah
(Expert)
20 January 2016
https://taxguru.in/corporate-law/negotiable-instruments-amendment-act-2015-amend-ni-act-1881.html
Arpit Shah
(Expert)
20 January 2016
https://taxguru.in/rbi/faqs-indian-currency-guide-money-matters.html
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