Government bonds in India are not currently tax-free, but older tax-free bonds can be purchased on stock exchanges. They offer yields of 5-5.50%. Alternatively, RBI floating rate saving bonds provide an 8.05% interest rate, are fully taxable, and have a seven-year tenure
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.