WebFeb 8, 2024 · However, in the case of tax-free bonds, the interest income is exempt from tax. An investor who invests in tax-free bonds should calculate the pre-tax yield before making the investment decision. To calculate the pre-tax yield, use this formula – ROI / (100-TR) * 100. (TR means Taxable Rate) Example. Tax-Free Bonds has an interest rate of 5%. WebIndian Railway Finance Corporation (IRFC) is an Indian public sector undertaking engaged in raising financial resources for expansion and running through capital markets and other …
IRFC Tax Free Bonds Tranche II – Key Features & Tax Benefits
WebIndependent Directors Familiarization Programme. TDS Certificate. Bond Investors. Newspaper Publications. Company Secretary & Compliance Officer. Registrar & Transfer Agent. Investors Service. IRFC is eligible to issue Capital Gain Bonds u/s 54EC of Income … Web10 rows · INDIAN RAILWAY FINANCE CORPORATION LIMITED. INE053F07595. 7.04% (for categories I,II & III) and ... paldi meena pin code
How to save Income Tax in India with Deductions and Exemptions
WebJan 10, 2024 · Taxation of bonds and debentures. Any profit made on sale of an investment generally referred to as capital asset under the income tax laws becomes taxable as short term or long term capital gains depending on the holding period of such asset. Different holding periods, ranging from 12 months to 36 months, are prescribed for different class … WebJun 11, 2024 · Tax-free bonds suit investors in the highest tax slab paying 30 percent tax on taxable investments such as bank fixed deposits. For someone paying tax at the highest rate invests in a... WebIRFC raises money through financial bonds and from banks and financial institutions. [7] [8] In 2024 Amitabh Banerjee was appointed as the Managing Director of the company. [9] The company announced its initial public offering on 18 January 2024 [10] and got listed on the National Stock Exchange of India / Bombay Stock Exchange on 29 January 2024. ウハウハ 富山