Current Affairs 2018 Hindi: Savings Bonds & Top News (Jan 4th week)
1,763 views · Published 25 January 2018 · 4:01 · Indexed 20 October 2026
Channel: Jagran Josh · 2018 · Education
For latest Current Affairs http://bit.ly/CurrentAffairHindi The Government of India has launched a new 7.75% Savings (Taxable) Bonds, 2018 scheme to enable resident citizens, Hindu Undivided Family (HUF) to invest in a taxable bond, without any monetary ceiling. The bonds will be issued for a minimum amount of Rs.1000 (face value) and in multiples of it. The interest on the bonds will be taxable under the Income-tax Act, 1961 as applicable according to the relevant tax status of the bond holder. The bonds however, will be exempted from Wealth-tax under the Wealth Tax Act, 1957. These bonds are not transferable and neither are they tradable in the Secondary market.
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