Tax free issues launched in the financial year 2013-2014 have continued to get the response from the investors. After good response to other issues ,NHPC issue have been over subscribed and last date of the issue have been revised to 23/10/2013 though investors can apply on last day.. chances of the allotment are much lower….
Take Advantage Of Changing Interest Rate Conditions – Think For Floating Rate Term Deposits (FRTDs)
If you have some idea about changing interest rate scenario and have some judgement about factors which affects the interest rate scenario then apart from normal fixed deposits such depositors can also think about Floating Rate Term Deposits. As name indicates,Floating Rate Term Deposits – FRTDs are deposits in which interest rate is not fixed…
Imp Limitations Of Tax Free Bonds:
A number of Public Sector companies are coming up with issues of Tax Free Bonds and till most of them have received good response.Issues like REC have over subscribed within few days. All the bonds are offering annual tax free interest income but till their are limitations of these bonds which investors need to consider…