Saving Schemes: RBI Relief Bonds

RBI Relief Bonds

Some bonds have a special provision that allows the investor to save on tax. These are termed as Tax-Saving Bonds, and are widely used by individual investors as a tax-saving tool.
Examples of such bonds are:
- Infrastructure Bonds under Section 88 of the Income Tax Act, 1961
- Capital Gains Bonds under Section 54EC of the Income Tax Act, 1961
- RBI Tax Relief Bonds

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