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GOI announces launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018

News and Press Release - Dated:- 4-1-2018 - Government of India has announced to launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 to enable resident citizens/HUF to invest in a taxable bond, without any monetary ceiling .....

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tions for the Bonds in the form of Bond Ledger Account will be received in the designated branches of agency banks and SHCIL in all numbering about 1600. (iii) Issue Price: The Bonds will be issued at par i.e. at ₹ 100.00 The Bonds will be issu .....

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d: The Bonds will be on tap till further notice and issued in cumulative and non-cumulative forms. (v) Limit of investment: There will be no maximum limit for investment in the Bonds. (vi) Tax treatment: Income-tax: Interest on the Bonds will be taxa .....

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