Related Articles
Is NCD tax free and returns on NCD taxable?
Taxation on NCD As per section 193 of the Income Tax Act, 1961, there is no tax deduction at source (TDS) from any securities issued by a company, in a dematerialized form and listed on a recognized stock exchange in India. Interest on NCD is taxed ...
What is the difference between NCD and FD?
Non-Convertible Debentures (NCD) are fixed income instruments issued by companies to raise funds to meet various financial goals. They are issued for a fixed tenure and offer a fixed rate of returns to the investor. Non‐Convertible Debenture is a ...
What's is the Taxation on NCD?
For individual investors, If the NCDs are sold before a year, the profits will be added to the income of the investor and he will have to pay taxes at the same rate as per the income tax slab. For any profit made by selling NCDs after a year, tax ...
What's is the Taxation on NCD?
For individual investors, if the NCDs are sold before a year, the profits will be added to the income of the investor and he will have to pay taxes at the same rate as per the income tax slab. For any profit made by selling NCDs after a year, tax ...
What is NCD?
Non-Convertible Debenture (NCD) is fixed income instrument issued by companies to raise funds to meet various financial goals. NCD is listed in exchanges (ISIN number) and can be traded on stock exchanges. Interest on the investment amount can be ...