Sovereign Gold Bond Scheme Issue Date: 8-03-2016 End Date: 14-03-2016 Issue Price: Rs. 2,916 per gram of gold Allotment date: 29-03-2016 Highlights The scheme, launched in November 2015, is aimed at encouraging investors to hold gold equivalent in demat form and thereby reduc...
1. What are tax free bonds? These are bonds issued by various institutions to raise capital such as HUDCO, NHAI, IRFC or REC. 2. What tax free means? The income by way of interest on these bonds is fully exempt from income tax & shall not be part of total income. No deduction of ta...
Now it is a season to get Form 16 and Form 16A form different sources. These are required to file tax return. In simple words, these are proofs for your income and tax paid to the government. So it becomes very important to have these forms for filing income tax returns. What is form 16? It is a c...