IS INTEREST FROM NABARD BOND TAXABLE?
This query is : Resolved
16 July 2023
I've read the existing query which mentions this " If 15 years duration bonds with 7.64 coupon rate, they are tax exempt."
But please elaborate about other tax free NABARD bonds
But please elaborate about other tax free NABARD bonds
16 July 2023
In any bond where it is specifically mentioned 'TAXFREE Bonds', are only exempted under IT act, not all. So, while purchasing any bond read the taxability clause in its Terms & Conditions.
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