After all the hype of TAX free bonds this issue got, now is the time to check your allotment. To share the good news, Retail Investors (individuals who have applied for 5 lakhs or less), have got 100% allotment. It was the first company to come up with TAX Free bonds this year, and many of us have put...
As per our previous article, we have explained what is NHAI Bond. Please read thru the article on how to maximize your return on the Interest earned from the 10 yr or 15 year NHAI Bond.
To start with, let us assume you have investment Rs 200000 to buy the bond. The tenure of the bond is 15 years.
Interest...
The National Highways Authority of India (NHAI) is offering secured debentures that are redeemable after10 and 15 years. This is on offer for institutions and public at large, including non-resident Indians.
This is the first time they are issuing tax free bonds, they are usually known for issuing Section...