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Maximizing Your Returns with a Balanced Portfolio of Taxable and Tax-Free Bonds in India
Investors in India have the option of investing in both taxable and tax-free bonds. Taxable bonds are subject to income tax, while tax-free bonds are not. Which type of bond is best for you depends on your individual circumstances. Both taxable as well as tax-free bonds have their own benefits. If you are in a high tax bracket, taxable bonds may be the better choice, since you will be able to deduct the interest payments from your taxes. Tax-free bonds may be a better choice if you are in a lower tax bracket, since you will not have to pay any taxes on the interest payments. Both types of bonds have their own advantages and disadvantages, so it is important to talk to a financial advisor to see which type of bond is best for your individual situation.
22-Mar-2023, 04:31 PM