News From Press Why investors should start booking profits in tax-free bonds

Why investors should start booking profits in tax-free bonds

Source: The Economic Times Aug 5, 2019

After the budget hiked the surcharge on tax for deep pockets, ultra HNIs are flocking to tax-free bonds. Apart from the tax advantage, these bond offer a high degree of safety since they are issued by highly rated PSUs. Also, they are available across maturities, ranging from three years to 16 years (maturity from January 2022 to December 2035).

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