Most of these Tax Free Bonds are issued by govt backed entities with decent Credit Rating. These ratings can be AAA (good rating), AA+, AA & AA-. But note that credit rating is dynamic factor and it can change in the future(down-grading). These bonds generally become attractive when t...
Income from Units purchased in foreign currency or long-term capital gain arising from the transfer of such Units purchased in foreign currency (Section 196B) Payment of any income to non-residents in respect of interest or dividend on bonds and shares (Section 196C)TDS...
Corporation of Chennai Tax-Free Bonds 2005 Issued by Corporation of ChennaiCRISILCouncil /Council Member CBDTNSDLFYGoTNGOICCMC ActIT ActMFsBSEOffer DocumentRipon Buildings
Safety: All the 54EC bonds are issued by the public sector companies. In these bonds, Government of India is the major stakeholder. This eliminates/dilutes the risk of interest- ensuring on time payments to the bond investors. Liquidity: Because the capital gain bonds are non-transferrable and...
Amount that can be transferred tax-free annually $598,000 Total Amount that can be transferred over 30 years $17,940,000 As can be seen in the above table, they can transfer quite a bit of wealth every single year and almost $18 million of net present value, since the annual exclusion...
Capital assets are defined as a property of any value that is held by the assesse such as buildings, land, equity shares, bonds, debentures, jewellery, art, assets, etc. Income from other sources: Any other source of income that cannot be classified under the above heads of income falls ...
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% Allocation United States 79.34% Japan 3.51% Canada 3.27% France 3.02% United Kingdom 3.01% Netherlands 2.74% China 0.94% Australia 0.87% Sweden 0.84% Norway 0.44% United Arab Emirates 0.37% Germany 0.31% Singapore 0.31% India 0.26%
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