Rate of Tax on Investment Made through a Designated Bank Account in Rupee Dominated Long Term Infrastructure Bonds Reduced

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..... Rate of Tax on Investment Made through a Designated Bank Account in Rupee Dominated Long Term Infrastructure Bonds Reduced - Budget Dated:- 28-2-2013 - News - The Finance Bill 2013-14 proposes reduc .....

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..... tion of tax on interest in respect of investment made through a designated bank account in Rupee dominated long term infrastructure bond from 20 percent to 5 percent. Presenting the Union Budget in th .....

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..... e Lok Sabha today, the Finance Minister Shri P.Chidambaram said that the rate of tax on interest paid to non-resident investors was reduced last year from 20 per cent to 5 per cent. He has now extende .....

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..... d the same benefit as above with a view to attract investment in long term infrastructure bonds. *** DSM/RC/nb/44 (Release ID :92760) - News - Press release - PIB Tax Management India - taxman .....

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..... agementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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