The Myfirstcrore team believes that tax-free bonds may be used as a regular source of income for conservative investors in higher tax bands. Tax-free bonds reduce the risk of reinvestment because the money is locked up for a longer length of time than bank fixed deposits. Reinvestment hazards refer to the possibility of future interest rates on bank fixed deposits falling. Learn more about FMPs online at Complete Circle Capital Pvt. Ltd.
After a one-year hiatus, tax-free bonds, a promising option for risk-averse investors, are likely to return to the market. Nearly Rs 50,000 crore was generated through tax-free bonds in 2013-14. The plan to issue tax-free bonds by the Railways and the National Highways Authority of India has already been approved by the government. Try the SIP Calculator at Complete Circle Capital Pvt. Ltd.
If you are interested in investing in tax free bonds, please Contact Us, and one of our customer service representatives will contact you. Look at the Succession Planning only at Complete Circle Capital Pvt. Ltd.