Collection Details

What is the difference between Tax-Free Bonds and Tax-Saving Bonds?


Tax-free bonds and tax-saving bonds are two different types of investment instruments. Tax-free bonds and Tax-saving bonds is the type of tax benefit they offer. Tax-free bonds provide tax exemption on interest income earned, while tax-saving bonds provide tax deductions on the amount invested. Investors should consider their investment goals and tax planning needs when choosing between tax-free bonds and tax-saving bonds.