What is the tax implication on zero coupon bonds?

myITreturn Helpdesk

Updated May 20, 2016 11:31

Any long term capital gain on sale of zero coupon bonds shall be charged to tax at minimum of the following: 20% of LTCG After indexation of cost of such bonds or 10% of LTCG before indexation of cost of such bonds.

Zero coupon bonds, Investing in Zero Coupon Bonds, Tax Considerations for Zero Coupon Bonds Explained the tax implication on zero coupon bonds.

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