For the first time, TDS on RBI bonds !!

Last updated: 13 September 2007

Perhaps the most favoured savings instrument of Indian investors is the 8% RBI Savings Bond. Safe to the hilt, it has retained its popularity in spite of the sharp appreciation in interest rates in recent times. So far, the interest on the bonds, though taxable, was not subject to tax deduction at s

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Category Income Tax   Report

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