Tax-free Municipal Bonds

Commentary

Vol. 36, Issue No. 25, 23 Jun, 2001

Updated on 23 June 2001

Soumen Bagchi

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Commentary

Vol. 36, Issue No. 25, 23 Jun, 2001

Updated on 23 June 2001

Soumen Bagchi

Tax-free Municipal Bonds

The government has extended tax benefits to investments made in municipal bonds issued for urban infrastructure. Along with incentives, however, there is also a need to develop investor confidence in such bond issues.

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