What are NTPC bonds?
Investor Information
| Series* | Rate of Interest | Interest Due Date (every year till maturity) |
|---|---|---|
| L – 1A, 2A, 3A,1B, 2B, 3B | 8.41%, 8.48%, 8.66%, 8.73%, 8.91% | 16-Dec |
| (Tax Free Bonds) | ||
| LI – A, B, C | 8.19%, 8.63%, 8.61% | 4-Mar |
| (Tax Free Bonds) |
Are NTPC bonds tax free?
Interest on these bonds, which will be paid out annually, is exempt from tax. Those in the higher tax slabs seeking long-term, safe avenues can consider investing. Here’s why. One, NTPC’s tax-free bonds are rated ‘AAA’ indicating the highest degree of safety for investors.
What is NTPC full form?
The full form of NTPC is Non- Technical Popular Categories. This exam is conducted by the Railway Recruitment Board to appoint candidates as Commercial Apprentice, Goods guard, Traffic Apprentice, Traffic Assistant, Assistant Station Master, etc. all over India.
Which are the tax free bonds in India?
Some of the most popular tax-free bonds in 2022 are:
- Indian Railway Finance Corporation Tax-Free Bond.
- Power Finance Corporation Tax-Free Bond.
- National Highways Authority of India Tax-Free Bond.
- Housing and Urban Development Corporation Tax-Free Bond.
- Rural Electrification Corporation Tax-Free Bond.
Is it good to invest in NTPC?
With strong focus on alternative energy spectrum NTPC may be able to break the underperformance of the last decade and undergo a re-rating. The brokerage changes the rating from HOLD to BUY. Promoters held 51.1 per cent stake in the company as of 31-Mar-2022, while FIIs owned 14.74 per cent, DIIs 30.77 per cent.
What is NTPC salary?
RRB NTPC Salary: Basic Salary 35,400
| Basic Pay-Rs. 35,400/- | |
|---|---|
| Basic Pay | Rs. 35,400/- |
| Grade Pay | 4200/- |
| DA ( Currently 12% Of basic Pay) | 4248/- |
| Travel Allowance ( Fixed Currently) | 2016/- |
How can I buy 2021 infrastructure bonds?
How to apply
- You can apply online to invest in an infrastructure bond, if you have a demat account.
- You require a demat account and a PAN to trade in infrastructure bonds.
- You can apply for these bonds in the physical form.
- These bonds have a maturity period of 10 years and a lock in period of 5 years.