WebSep 13, 2024 · The tax exemption available would be lower of the following amounts: 1. Investment made in the new residential house property; or. 2. Amount of capital gain. To claim tax exemption under section 54, the new house property must be purchased within 1 year before or 2 years after the sale of the old house property. WebApr 3, 2024 · For individuals seeking tax-saving options, certain government bonds offer attractive investment opportunities by providing tax-saving benefits to investors. In …
RBI Retail Direct government bonds: How will interest, capital …
Web2 days ago · Indeed, mutual funds were the biggest buyers of government bonds in the eight sessions through April 12, lapping up a net of more than 204 billion rupees ($2.49 billion) worth of debt in the ... WebAug 13, 2024 · Under Section 10, of the Income Tax Act, these bonds are entirely exempt from tax. Tax free bonds usually have a face value of INR 1,000. ... Interest: Tax free bonds in India offer guaranteed fixed income. During the issue of the bond, the government decides the rate of interest. The interest rate is usually in the range of 5.50% to 6.50%. lifeloc bat training
Zero Coupon Bonds: Know tax rules when such a bond is held till ...
WebThe different types of bonds available for investment in India are Central Government bonds, State Government bonds, Municipal and Local authority bonds, Corporate bonds, Public … WebMar 6, 2024 · You can invest in a tax-free bond through a primary or secondary market. You can apply online or offline by following the steps given below: Step 1: Choose a financial organisation with a solid market reputation. The choices include banks, stockbrokers, and mutual funds, among others. WebDec 23, 2024 · Several state-run companies, like NHAI, PFC, NABARD, HUDCO, IRFC etc., had earlier raised Rs 30,000 crore through tax-free bonds in FY12, Rs 25,000 crore in FY13, Rs 50,000 crore in FY14 and around Rs 40,000 cr in 2016. These funds are utilized to fund infrastructure projects. There has been no new bond issuance since FY 2016-17. lifeloc bat certification