Day: October 10, 2021

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Fixed Income 10 min read
How to Calculate Tax on Bonds as per the Income Tax Act?

Bonds are fixed-income investment instruments and they offer capital appreciation in the form of capital gains after maturity. While a bond’s interest income is taxed at an individual’s slab rate, the capital gains are charged differently. Moreover, there are different types of bonds where some offer tax exemption while others are tax-free. Tax on bonds ... How to Calculate Tax on Bonds as per the Income Tax Act?