Monetary Policy Highlights: February 2018
Investment Strategy With higher uncertainty in debt and equity markets, this would be the time to review asset allocation and manage […]
Taxation of Debt Instruments
[vc_row][vc_column][vc_column_text css=”.vc_custom_1537769958052{margin-bottom: 0px !important;}”] Deposits Bonds & Certificates Provident Funds & Sukanya Samriddhi Scheme Debt Mutual Funds [/vc_column_text][/vc_column][/vc_row]
Basel III Committee, Tier 1 and Tier 2 Bonds
* This post was updated on 30 November 2020 An Introduction As banking systems in multiple countries evolved, the need to […]
Non-Convertible Debentures (NCDs)
What are non-convertible debentures and why are they issued? A company can raise capital either by offering an ownership stake (equity) or […]
RBI 8% Savings (Taxable) Bonds
The RBI first issued 8% bonds in 2003. As the name suggests, they pay 8% interest per annum and the interest income […]
54 EC Bonds
54 EC Bonds are popularly known for the tax benefits they provide under Section 54 EC of the Income Tax Act. These bonds are typically issued by the Power Finance Corp (PFC), Rural Electrification Company (REC), and the National Highways Authority of India (NHAI).
Tax-Free Bonds
Government-backed entities such as, NHAI, REC, PFC, etc. issue tax-free bonds to raise capital. The capital is meant for long-term projects and these bonds have tenors of 10, 15 or 20 years. The interest earned from these bonds is exempt from taxation. Capital gains from the sale of bonds are taxable.