The maxim that rich get richer is even true with the tax free bonds - even with Rs 10 and 15 crore investments they do not pay any tax on returns while middle class man ends up paying tax on even items like samosas and idlis in restaurants. That Aamir Khan and Kareena Kapoor have been investing in bond issuance after bond issuance show how the tax free bonds have become a vehicle for the rich to avoid tax, while financially less literate who go for bank deposits end up paying tax on their ret ..
Best Mutual Funds: THESE retirement schemes gave over 15% CAGR return in the past 5 years
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