HIGHLIGHTS OF TAX BENEFITS

• Interest from these Bonds do not form part of Total Income as per provisions under section 10 (15) (iv) (h) of Income Tax Act, 1961.
• Since the interest Income on these bonds is exempt from tax, no Tax Deduction at Source is required.
• Wealth Tax is not levied on investment in Bonds under section 2(ea) of the Wealth-tax Act, 1957.