Certain Central Public sector undertakings like Indian Railway Finance corporation issue bondsTax Free Bonds
Certain central Public sector undertakings like Indian Railway Finance corporation issue bonds
Certain central Public sector undertakings like Indian Railway Finance corporation issue bonds which are exempted from tax.E.g 7.34% IRFC 2028-means IRFC pays interest twice a year to the account of the bond holder till the maturity date of 2028
I was guided properly when I wanted to save for my future retirement. I was worried as I will not get a pension post my retirement. The investment in Shares is too risky and I did not want to keep my hard earned money in shares. The RBI savings bonds helped me to get interest at 8% paid to me once in 6 months. The options provided to me by the efficient relationship managers of VERITAS helped me have a peaceful retired life.
L V Sastry
Chairman, unknown