NCDs & Tax-Free Bonds

What Are NCDs (Non-Convertible Debentures)?

Non-Convertible Debentures (NCDs) are fixed-income instruments issued by companies to raise capital. They offer higher interest rates than bank fixed deposits and are a good option for investors seeking regular income with relatively lower risk.

Why Invest in NCDs?

What Are Tax-Free Bonds?

Tax-Free Bonds are government-backed bonds that offer tax-free interest income under Section 10(15) of the Income Tax Act. These bonds are issued by public sector undertakings (PSUs) like NHAI, PFC, REC, and IRFC, making them a safe long-term investment.

Why Invest in Tax-Free Bonds?

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