October 30, 2013 11:58 am
Is there a lock in period for tax free bonds? That is, if I sell a tax free bond that I purcahsed last year, is there any tax impact other than CG on the sale?
Dear Ramadevi, you w’d have to pay tax on your CG if any.
As far as I know , they have a lock in period of 5 yrs !
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