Manish Aggarwal (Financial & Legal Consultant)

Things to know about Govt. of India 7.75% Savings (Taxable) Bonds, 2018 May 23, 2020, by Manish Aggarwal: Financial Advisor The Govt. of India announced 7.75% Savings (Taxable Bonds), 2018 in the year 2018. Let’s understand the salient features of these bonds and whether you should consider investing in these bonds. The Current Context Interest rates on bank fixed deposits have been going down for some time now. Interest rates for Small Savings held strong during these times providing some relief. However, in March 2020, the Government of India cut interest rates on small savings schemes too. While products such as PPF and SSY still remain attractive in comparison, there are liquidity constraints with these products and hence may not be good for investors looking for income immediately. If you are looking for regular income, you can look at options such as bank FDs, SCSS or SWP from debt mutual funds. However, FD and SCSS interest rates are dow...