A detailed information about Inflation Linked Bonds from RBI and investment in it
RBI has announced that its going to issue Inflation Indexed National Savings Securities – Cumulative (IINSS-C) for retail investors where one can invest and get returns equal to Inflation + 1.5%. These bonds are now coming up in markets, as it was announced in the last budget that govt will bring inflation linked products very […]
How Interest rate and Bond prices are related ?
Bond prices go up when interest rates go down! . Have you ever heard that and wondered how is it possible ? What goes behind the scene which makes it happen? It’s important for you to know this, because now a days there are enough financial products which depend on interest rates, for example Debt […]
Tax Deductions from Infrastructure Bonds under 80C
Finally govt gave clarity about the Infrastructure bonds under sec 80C where you can invest upto Rs 20,000 for additional tax deduction apart from the current Rs 1 lac. Look more on Income tax slab . Who can issue those Infrastructure Bonds ? Life Insurance Corporation of India Industrial Finance Corporation of India Infrastructure Development […]
