Learn Trading Under The Guidance of Vivek Bajaj + 4 Mentors - Know More

100 FAQ's on Basic Finance

Module Units

Tax-Free Bonds

Tax-free bonds are issued by the Government to raise long-term funds, usually for a specific purpose. An example of these includes municipal bonds. It is a low-risk investment option that offers a fixed rate of interest. The most attractive benefit is the tax exemption as per Section 10 of the Income Tax Act of India, 1961. It has a long-term maturity of 10 years and more.

Did you like this unit?

Units 41/101