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Personal Banking >> Investments >> GOI Bonds >> Savings Bond - Tax Concessions

Savings Bond - Tax Concessions

Tax Concessions on Savings Bond

8% Savings Bonds (Taxable), 2003

Interest on the Bond will be taxable under Income-Tax Act,1961.
The bonds will be exempt from Wealth-Tax under the Wealth-Tax Act, 1957.

iWish - Flexible RD

Savings Account

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