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Here is a list of top tax free government and private bonds running in the market. Each of them gives information about coupon rate, last traded price, etc.

Tax Free Bonds:

The income by way of interest on these Bonds is fully exempt from Income Tax and shall not form part of Total Income as per provisions under section 10 (15) (iv) (h) of I.T. Act, 1961. These bonds are generally issued by Government Backed entities and thus have very low default risk.

Other General Features are:

  • These bonds can be applied in Physical or Dematerialized mode
  • These bonds generally come with long tenures of 10, 15 and/or 20 years, however, these bonds can be traded on the listed exchange if applied in demat mode
  • There is no Cap on investment made in these bonds
  • Retail Individual Investors get higher interest rates, so for an Individual, HUF to be eligible for higher rates the maximum investment amount is Rs.10 Lakhs
  • The interest offered is benchmarked to the Government security of similar maturity, subject to conditions laid down by CBDT.
  • These bonds however, do not provide any additional tax benefits
Name LTP Open Price High Price Low Price Change Change % Traded Volume Date

Capital Gain Bonds (54EC Bonds):

According to section 54EC, any person (individuals, HUFs, partnership firms, companies etc.) can avail exemption in respect of long-term capital gains (arising from the sale of long term capital asset other than equity shares and securities), if the capital gain is invested in Capital Gain bonds. The exemption will be the amount of capital gain or the amount of investment made, whichever is less. Interest rate offered on these bonds is 6% per annum. The exemption is subject to:

  • The investment is made within a period of 6 months from the date of transfer of the asset
  • Lock-in-period of 3 years
  • Bonds sold, transferred or converted into money or any loan or advance taken on security of such bond within a period of 3 years from the date of acquisition, the capital gains earlier exempt are taxable in the year of sale or transfer of the bonds
  • Maximum investment limit of up to Rs. 50 Lakhs in a Financial Year per individual.
  • If the amount invested in bonds is less than the capital gains realized, only proportionate capital gains would be exempt from tax.
Category Symbol Percentage Date
Country Name Currency Date Gmt Time Event Actual Value Forecast Previous Value (%)


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