Before the budget was announced there was news that the Govt is likely to come out with tax free bonds, particularly to meet infrastructure demands (NHAI). Any announcement to this effect is likely to come when.
3 Answers
Hi,
The Govt has clearly laid its emphasis on Infra spend/investment for next 4 to 5 years.
They may resume offering Tax Free Bonds and Infrastructure Bonds to pool resources.
But, as of now there is no clarity/info on time-line of issuing such Bonds. Let's wait..
Thanks for the prompt and apt response, as usual.
I have set aside money for investing in the same as and when announced. How long do you think I should wait before investing it elsewhere.
Regards - Prakash
Dear Prakash,
Kindly do not keep your investible surplus idle. Invest/save it as per your current financial goals.
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