Tax free bond calculator

    • INCOME-TAX RATES AND TAX BENEFITS FROM LIFE INSURANCE

      INCOME-TAX RATES AND TAX BENEFITS FROM LIFE INSURANCE A] INCOME-TAX RATES FOR ASSESSMENT YEAR 2018- 201 9 (FINANCIAL YEAR 2017-2018) Income Slabs Tax Rates Individual & HUF below age of 60 years Individual 60 years of age and more but less than 80 years Individual 80 years of age and more Income up to Rs.2,50,000


    • [PDF File]TAX ON LONG-TERM CAPITAL GAINS

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      TAX ON LONG-TERM CAPITAL GAINS Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”. In this part you can gain knowledge about the provisions relating to tax on Long Term Capital Gains.


    • [PDF File]TAX-FREE INCOMES

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      TAX-FREE INCOMES Agricultural Income [Section 10(1)] As per section 10(1), agricultural income earned by the taxpayer in India is exempt from tax. Agricultural income is defined under section 2(1A) of the Income-tax Act. As per section 2(1A), agricultural income generally means: (a) Any rent or revenue derived from land which is situated in India and is used for agricultural purposes. (b) Any income …


    • [PDF File]Tax Treatment of Premium and Discount Bonds

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      The bond will mature June 30, 2024, and pays a stated interest rate of 5% annually. The investor is paying a premium of $350 in order to receive the above-market annual coupon of $50, which equates to a 1.74% yield on the bond. For tax purposes, firms will amortize the premium down to par over the life of the bond so that on


    • [PDF File]Taxable and Tax-Free Equivalence of Interest Rates Yields: A Brief …

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      either a taxable interest rate yield in terms of a tax-free equivalent yield or a tax-free municipal interest rate yield in term of a taxable equivalent yield. Naturally, if one is a legal resident of a state (state . m) that has an income tax on bond interest and


    • [PDF File]Bond - Aviva

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      as this can result in a gain for income tax purposes even when the bond is showing an actual investment loss. This 5% allowance is not completely tax free as the withdrawals will be included in the calculation of the final gain when the policy comes to an end. An assignment of any policy for consideration, for example, if you sell your bond to


    • [PDF File]Income Tax at a Glance - National Board of Revenue

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      Income Tax at a Glance Among direct taxes, income tax is the main source of revenue. It is a progressive tax system. Income tax is imposed on the basis of ability to pay. "The more a taxpayer earns the more he should pay''- is the basic principle of charging income tax. It aims at ensuring equity and social justice. In Bangladesh income tax is


    • Municipal Bond Market: Risk/Return - VanEck

      Municipal Bond Market: Risk/Return *The income generated from some types of municipal bonds may be subject to state and local taxes as well as to federal taxes on capital gains and may be subject to alternative minimum tax.


    • Invesco California Tax-Free Income Fund fact sheet (PDF)

      Invesco California Tax-Free Income Fund Tax-free investment grade Mutual Fund Retail Share Classes Data as of June 30, 2019 Investment objective The fund seeks to provide a high level of current income exempt from federal and California income tax, consistent with the preservation of capital. Portfolio management


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