Ntpc tax free bonds 2013-14 form download

The central board of direct taxes cbdt has notified the rules on issuance of taxfree bonds for the current financial year 2014. If you are investing in taxfree bonds during the public issue, you have the option to apply online as well as offline for it. Update 4 dec the issue is oversubscribed and will close on wed 4dec 20 the issue is aaa rated by crisil, icra, highest safety rating. Ntpc expects to incur a capital expenditure of rs 20,200 crore in 20 14 on various heads. Ntpc expects to incur a capital expenditure of rs 20,200 crore in. Ntpc expects to incur a capital expenditure of rs 20,200 crore in 20 14. After the ntpc and pfc issues, other taxfree bond issuers may. These bonds are of different tenures from 10 20 years. For bidding of your application, any further info or to invest in ntpc taxfree. Sep 22, 2015 the first issue of tax free bonds is scheduled to be open on 23.

Income tax slabs financial year 2014 rgess eligible nsebse shares list. Sep 21, 2015 almost after a gap of a year, once again tax free bonds hitting the market. If you want to buy the bonds in the demat form, you need to have a demat account. Invest in tax saving mutual funds online download tax saving mutual fund application forms buy gold mutual funds call 0 94 8300 8300 india hdfc mf dividendhdfc mutual fund has announced the entire distributable surplus as dividend under the normal dividend and quarterly dividend option of hdfc fmp 371d jul 2012 2. In the budget this year, the finance minister p chidambaram proposed tax free bonds to the tune of rs. Jan 25, 2016 in 20 14, nearly rs 50,000 crore was raised through tax free bonds. Ntpc tax free bonds issue would open from 3dec20 and close on 16dec20 it may close early. Positive projects with allocation of rs 800 crimpact companiesgainers ntpc. You can avail these bonds in physical form as well as in demat mode. November 20 national thermal power corporation ntpc. Companies such as hudco, nhb, ntpc, irfc, iifcl, nhai, rec, pfc and nhpc are allowed to raise tax free bonds in 20 14. The latest one to get oversubscribed is nhb which got oversubscribed 2.

Feb 06, 2014 infrastructure bonds offer attractive yields, especially compared to bank fds on a tax adjusted basis. Iifcl is a government of india enterprise which is involved in providing long term financial assistance to various infrastructure projects. The taxfree bonds are set to make a comeback to the market after a gap of one year. There has been a rush in tax free bonds this fiscal. Corporation, the indian renewable energy development agency, ntpc. Almost after a gap of a year, once again taxfree bonds hitting the market. The withholding tax on ecbs has been reduced to 5 per cent from 20 per cent till fy15 higher limit for tax free bonds the limit for taxfree bonds for the power sector has been increased to usd2 billion from usd1 billion the government has also extended the tax holiday by one year. Tax free bonds 2012 tranche i series i january, 04 20 163. The subscription for state hydropower generator nhpcs tax free bond that opened on october 18, 20 got an overwhelming response on the first day. So let me sum up the recently concluded fy 20 14 tax free bonds current price in secondary market. As per this notification, tax free bonds tfbs to the tune of rs 40,000 crore, will hit the market in this financial year 201516, starting this october. Ntpc tax free bonds track record kotak mahindra bank. Tax free bonds 2014latest price in secondary market.

The subscription for state hydropower generator nhpcs taxfree bond that opened on october 18, 20 got an overwhelming response on the first day. Staterun ntpc has come out with its public issue of tax free secured redeemable nonconvertible bonds of a face value of rs 1,000 each in the nature of debentures having tax benefits, aggregating. Infrastructure bonds offer attractive yields, especially compared to bank fds on a tax adjusted basis. The company had already raised r2,370 crore in the first tranche of taxfree bonds launched in september. Public issue by ntpc limited of tax free secured redeemable non convertible bonds, of face value of rs. Final post issue monitoring report dated december 23, 20. National thermal power corporation ntpc 3 salient features of ntpc tax free bond. Aug 16, 20 the central board of direct taxes cbdt has notified the rules on issuance of taxfree bonds for the current financial year 2014. Drat2014n32 dated july 16, 20, assigned a rating of icra aaa stable.

We will contact you within 24 hours or you can reach us at 1800 3 123123 investments. If you are investing in taxfree bonds after the public issue, you can invest via your trading account, just like you invest in shares. Ntpc taxfree bonds issue to open on december 3 moneycontrol. Staterun ntpc has come out with its public issue of taxfree secured redeemable nonconvertible bonds of a face value of rs 1,000 each in the nature of debentures having tax benefits, aggregating. The central board of direct taxes cbdt has recently issued a notification related to new tax free bonds fy 201516. Trance 2 of iifcl was oversubscribe within one day in the month of dec 20. Income tax deductions financial year 2014 list of chapter via tax. Coupon rate in 2nd tranche of bonds are higher than those offered in 1st tranche.

The first issue of tax free bonds is scheduled to be open on 23. The infrastructure bond market is in for some big action, with staterun generation utility ntpc gearing up to issue taxfree bonds for. Thumping success to ntpc tax free bonds oversubscribed 11. Tax free bonds india, tax saving investment, how to invest. If you are investing in taxfree bonds after the public issue, you can invest via. Iifcl tax free bonds synergee capital services pvt ltd. The company had already raised r2,370 crore in the first tranche of tax free bonds launched in september.

Tax free bonds worth rs 40,000 crore is set to hit the market this financial year as the government has allowed seven entities to raise funds through this route. There was a huge cry from retail investors as well as from advisers to invest in tax free bonds. Tax free bonds for individuals investors and institutional. In tax free bonds, to avail or retain the 25bps additional in the coupon rate, investors should be aware that the total investment in the aggregate face value of bonds held by the bondholders in all the series of bonds, allotted under the relevant tranche issue shall be clubbed and taken together and that should be up to rs. Fintotal knowledge rgess eligible nsebse shares list. There are several reasons why you should subscribe for this nhb tax free bond of decemberjanuary2014. Securities and the committee for public issue of tax free bonds. But only few have an idea that one can sell them in secondary market before maturity. So let me sum up the recently concluded fy 2014 tax free bonds current price in secondary market. Why taxfree bonds could be your best debt bet this year the. As per section 1922, details of any income chargeable under the head salary received by any employee from any other employer during the financial year 2014 has to be furnished to the local finance office along with a certificate from the previous employer for tax deducted at source in form no. So you should at least give a look to the issue and take decision about investment in ntpc tax free bonds after going through pro and cons of the issue. Those in the 20 per cent tax bracket can look at five year tax free fds, which can give returns of 8 8.

For queries pertaining to public issue of tax free bonds 201112 and 2014, you can contact the above mentioned persons. For example, the post tax return on an fd offering 8. In fact, ntpc has been a forerunner in the issue of bonds by the indian public sector and the. Drat2014n32 dated july 16, 20, assigned a rating of.

The infrastructure bond market is in for some big action, with staterun generation utility ntpc gearing up to issue tax free bonds for rs 2,500 crore this fiscal to fund its capital. Dec 03, 20 tax free bonds issue by ntpc is open for sabscription today. Aug, 2019 the central board of direct taxes cbdt has recently issued a notification related to new tax free bonds fy 201516. Tax benefits us 10 15 iv h of the income tax act, 1961 interest on these bonds shall not form part of total income. The interest from these bonds are fully exempted from income tax,wealth tax and tds.

Public issue of tax free bonds 2012 the contact details of registrar to the issue for all queries related to above issue is as under. As per sebi guidelines, bidding is mandatory before banking the application form, else the application is liable to get rejected. Tax utilities tax free bonds or certificates income tax. Read expert opinions, top news, insights and trends on the economic times. Tax free bonds for individuals investors and institutional buyers. Ntpc a maha navratna company is open a issue of tax free bonds of 700 crore from today.

The issue will open for subscription on december 2, 20 and is scheduled to close on january 10, 2014. Though the coupon or interest rate varies from issuer to issuer, recent issues by hudco and ntpc offered coupon rates of 8. Bankers pitch for a national asset management company business friday june, 2014. The company has already raised rs 300 crores by way of private placement and has come up with a public issue for the remaining rs 700 crores. Aggregate value of bonds applied for, as indicated in the application form. He has sought to promote investment in infrastructure by issue of tax free bonds, freeing up nelp blocks, referring stalled infra projects to the cci and increasing tax holiday period for power sector. Ntpc was allowed to raise rs 1,000 crores by the government in fy20152016. Buy tax free, tax saving bonds online download bonds. For queries pertaining to public issue of tax free bonds 201112 and 20 14, you can contact the above mentioned persons. Fintotal knowledge list of maharatnas, navratnas and. The issue opens on september 23, 2015 and closes on september 30, 2015. Jun 18, 2014 there was a huge cry from retail investors as well as from advisers to invest in tax free bonds.

Income tax slabs financial year 2012 capital gains and withholding tax rates on mutual funds financial year 2014 tds rate chart for 2014. The integrity pact ip shall form part of all tender documents issued by ntpc limited valuing ov. Tax free bonds are issued by government enterprises where the interest is tax free. The issue for subscription opens on 23rd september, 2015. Experts believe these bonds will attract investors through it is agreed that the returns would be lower than what it was offered in the financial year 2014. Staterun ntpc has come out with its public issue of taxfree secured. In 2014, nearly rs 50,000 crore was raised through taxfree bonds. Nov 16, 20 ntpc gets nod for rs 1,750cr tax free bond. Income tax slabs financial year 2014 income tax slabs financial year 2012 capital gains and withholding tax rates on mutual funds financial year 2014 tds rate chart for 2014. Secondly, taxfree bonds issued in 2014 are now trading at a premium. For bidding of your application, any further info or to invest in ntpc tax free. Taxfree bonds were issued in the financial years 2012, 2014. Ntpcs public issue of tax free bonds has received a thumping response from all categories of inv. Iifcl tranche 3 taxfree bonds open for subscription.