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Tax free bond

This query is : Resolved 

13 July 2015 what is tax free bond?

13 July 2015 it means the capital sum invested will not be taxed like sec54EC REC or NHAI Bonds

13 July 2015 Tax Free Bonds {U/S 10 (15) (iv) (h)} Risk-averse investors now have new options to park their money. The interest earned on these bonds will not be subject to income tax. The interest on these bonds will be paid annually (for example 31st March every year) by credit into the account of the investor.


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