Friday, October 6, 2023

How treasury bills returns are calculated, taxed: Learn this to maximise gain from current higher yields

Treasury bill is a short term debt instrument issued by the Reserve Bank of India on behalf of the government of India. Treasury bills are also called zero coupon bonds since they are issued at a discount to face value and redeemed at par. Here's how the return for treasury bill is calculated and taxed.

from Tax-Wealth-Economic Times https://ift.tt/W26ikSx

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