Tax-Free BONDs Questions? Searching.... 4 answers...

TAX FREE BONDS.  Why is so little written in the media? 

Look for your hard-earned money.. You may find it bigger?????

The government is always in need of money. Govt can mobilize money, change policies, give selective up-lifting programs, can crush and use that money in various new social, economic, and infrastructure again new policies … Still government institutions never fail. So people invest in Government Bonds Govt Sectrs, the Government is GOODWILL and the primary intention is HONESTY SINCERITY\

Today I want to focus on Investing in BONDS

That too in TAX-FREE BONDS

Tax-free bonds are different from TAX savings Bonds and certain Share new psi etc offering some tax reliefs on CAPITAL GAINS and TAX CONCESSION in Some form

TAX-FREE BONDS…..

One can invest in this category of bonds two entry points

At the time of Govt or RBI or PSU like Railway HIGHWAY authorities big banks, and Prestigious Governments of States..  Please remember HIGHWAY AUTHO despite backing from and within the party Mr Gadkari reached a lucrative debenture with some tax exemptions but not a total tax-free thing.!!!  Due to wait time DATA requirements for assuring and promotions were commercial viability standards were very high. It could have been done but at the cost of PERIOD.

Such safety standards are there to be kept.RBI last announced 10 or 5 minimum requirements at the rate coupon for 7% annually with a lock period for trade min.5 years and 15 years maturity date !!!

 Still, it is so safe that the Government had to distribute those bonds and this kind of reputed thing is so popular that the issue is oversubscribed 4 to 5 times !!!

How the web is showing lets us see

Please see the table and see my suspicions

e.g.

8.66% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2034

 enter my journey would be like this  Naturally as 22jan nears market prize will be HIGH

22-Jan-2025   1 Interest Amount          64,950.00 22-Jan-2026  2Interest Amount             64,950.00 22-Jan-2027 3rest Amount                    64,950.00 22-Jan-2028  4  Interest Amount            64,950.00  22-Jan-2029  5 Interest Amount            64,950.00 22-Jan-2030  6 Interest Amount              64,950.00 22-Jan-2031 7 Interest Amount               64,950.00 22-Jan-2032 8 Interest Amount               64,950.00 22-Jan-2033   9 Interest Amount             64,950.00 222-Jan-2034  10 Interest Amount          64,950.00 2-Jan-2033   11   Interest Amount           64,950.00 22-Jan-2034  12  Interest Amount           64,950.00                                    +     22-Jan-2034   BOND original to 750000

Maturity Redemption  7,50,000.00 Redemption Amount (A) :  7,50,000.00 Total Interest Payment (B) :  6,49,500.00 Net Cash Back (A+B) :  13,99,500.00

Now there are sets of? to be answered here…

IF….

Some web says 5lakh investment free for IT benefit here min prize is 7.5L?  RBI is of 10L mini.is more disbursement possible?

The issue was 12-4-2014          IF 1 year for the benefit it is sold in the market then ….

My purchase is  15-4-2024       This year I shall be holding for 8 months for 12 months of INT

                                                   ( so that rise in buying will take care this would be accordingly?

                                                       Will I get tax-free benefits from the date of MY PURCHASE 15-4?

                                                 The amount on 22 Jan 25 and onwards would be tax-free?

  Now I do not sell it keep it with me Will I get the same tax reliefs that otherwise original buyer should have held?  If the original buyer buys it out last before the maturity date …and returns the bond in toto… is it allowed? Rebuying restrictions to whom? Original buyer or subsequent buyer?  or minimum one-year holding and treat is as other deb and pay out short or long-term 10 or 20 % tax and avoid the holding terms?

              Capital returned as it is tax-free already paid …  still, IT to be informed?

As the sites say purchase package and not customary brokerage…. WHY?

If I buy on the premium will get on principle  … If I buy less than face value then get on P i.e. profit now… In the case of debentures, people are doing this thing

If calculated out is it the same with the IT free bond? If I buy less than 5 years of maturity date bonds are those available? will get those tax-free benefits?

What is the 112 tax rule? As income under this is section 10 … is there any upper limit?

We love our nation as a whole…  but are you prepared to invest your money in other state governments like Delhi, Tamilnadu, West Bengal, and even Karnataka Rajasthan?

Or Municipality of those far distance popular but commercially not tested cities?

Or some Rural Bank or Construction companies Or whatever appeals….

All have their markets. They have lucrative invites,,  securities,, ratings,, forged ratings,, Market GURU advises ..  Original and Pure Honest have to see many unexplored areas.

अँधा और अनजान एकही है .....We live in a country where tea, matchbox, gas, steel, and sugar, policies are decided by the Central Government, and the Liquor Policy with experiments is free for the STATE when found reflagged reverted and a CRY for justifications. Many felt looted. Many could not LOOT ,,, Many Jealous we did not get this… few honest few victimized came nearer and … I honestly feel a need to reach a common man easy and simple life. Disclaimer This will be followed by all possible answers getable in follow-up blogs. No promothings names are only for an example ---Dr H G JOSHI.