How can I buy tax-free bonds in India? where to buy bonds

- Naveen Pathak | 645 days ago

Answers(1)

  • J
    Jatin arora
    644 days ago

    Tax-free bonds are issued by the government for raising capital or funds for a specific purpose. Like, these bonds include municipal bonds, NHAI bonds, and many more. These bonds also have a fixed rate of interest and have a maturity period. The maturity period of these bonds is of about 10 years or more. The main and most attractive feature of these bonds is their absolute tax exemption under Section 10 of the Income Tax Act, 1961.

    Tax-free bonds can be purchased in the subscription pe

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