Lok Sabha elections: On Wednesday, Lok Sabha MP Shashi Tharoor filed his nomination from the Thiruvananthapuram constituency for the fourth consecutive time in the Lok Sabha elections. He will be facing MoS IT Rajeev Chandrasekhar, who is a BJP candidate.
These bonds typically offer returns equivalent to or slightly higher than Fixed Deposits (FDs), with the added advantage of the governments sovereign guarantee.
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Tax-free bonds and tax savings bonds are investment options that offer tax benefits to investors in India. Tax-free bonds provide completely tax-free interest income, have a generally higher interest rate and no lock-in period, while tax savings bonds provide tax benefits on the principal amount, have a relatively lower interest rate, a 5-year lock-in period and the interest income is taxable. Moreover, Section 80CCF allowed taxpayers to claim deductions for long-term infrastructure bonds, but the option was terminated from FY2012-13. Finally, capital gains bonds offered by government-backed entities provide investors with the ability to invest capital gains from property sales and avoid paying taxes on such profits.
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