Description
Capital Gain Bonds, also called 54EC bonds, are government-approved bonds that help investors avoid long-term capital gains tax after selling property.
These days, more and more Indians are embracing mutual funds and SIPs (Systematic Investment Plans) because they tend to provide better returns compared to traditional savings options like fixed deposits or recurring deposits.
RBI Floating Rate Savings Bonds 2020 (Taxable), also known as the GOI Bonds, currently offer a taxable interest rate of 8.05% (till 1st July 2026) over a seven-year term. They are called floating-rate bonds because the interest rate on these bonds is linked to the NSC rate.
Fixed deposits remain indispensable for risk-averse investors.
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