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Thread: Shriram Transport Finance NCD Return 11.60% p.a.

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  1. #1
    PolicyWala NewBie
    Join Date
    Mar 2010
    Posts
    17

    Default

    Quote Originally Posted by v.r.s.nathan View Post
    Is there any tax rebate if one invest in these NCDs?
    There would not be a tax rebate as these are private NCDs.

  2. #2
    PolicyWala Newbie
    Join Date
    Apr 2009
    Location
    Kolkatta
    Posts
    46

    Default

    Non-Convertible Debentures (NCDs) has no tax rebate provision. But you can invest in it to get more interest on your money.

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