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India: Is Interest earned from Infrastructure Bonds Taxable? - infrastructure bonds india

Of course, it is taxable.

Exempt interest is practically non-existent. IU bonds that were issued when the US64 diet is not adequate to the needs of encashers one 6.75% interest and my knowledge is the only tool available today to meet that tax free. Some former Indian government bonds at an interest rate of 6 or 6.5% published before 2004 also exempted from tax. These bonds were broken.

All interest, if a savings or time deposits included in total income is now taxable.