What are tax-free bonds and how they work

What are tax-free bonds and how they work

Indian investors seem to be spoilt for choice when it comes to investing. From investment schemes offering monthly, quarterly, half-yearly as well as annual returns, to schemes offering taxable as well as non-taxable returns, the list is endless. Choosing the right investment avenue, therefore, may not be as easy as it appears. One of the hugely-popular investment options, especially among high net worth investors, is tax-free bond. Let’s see what these bonds are and how they work. What are they: A bond is a fixed income instrument carrying a coupon…

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Huge response to DHFL’s inflation-linked bonds, here is what made it attractive

Huge response to DHFL’s inflation-linked bonds, here is what made it attractive

The first Inflation – Linked Bond is here, sees tremendous response India’s first public offering of inflation bound, Consumer Price Index-linked bond issued by Dewan Housing Finance Ltd received overwhelming response with bids worth Rs 19,000 crores on the day of opening which was nearly 5 times the issue size of Rs 1,000 crore, with an over-subscription option of Rs 3,000 crore. While the issue was scheduled to be open from August 3-16, the company announced the closure of the offer on the second day itself. The overwhelming response might lead…

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