{"id":86554,"date":"2020-06-02T22:50:29","date_gmt":"2020-06-02T17:20:29","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=15738"},"modified":"2020-06-02T22:50:29","modified_gmt":"2020-06-02T17:20:29","slug":"explained-what-rbi-discontinuing-7-75-saving-bonds-means-to-investors","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/explained-what-rbi-discontinuing-7-75-saving-bonds-means-to-investors\/","title":{"rendered":"Explained: What RBI discontinuing 7.75% saving bonds means to investors"},"content":{"rendered":"\n<p><strong>News:<\/strong> Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018.<\/li><li><strong>Eligibility: <\/strong>The bonds were available for subscription to resident citizens\/Hindu Undivided Family (HUF) to invest in a taxable bond.<\/li><li><strong>Investment: <\/strong>The minimum investment in this bond starts at Rs 1,000 with no maximum limit.<\/li><li><strong>Duration<\/strong>: The bonds had a 7-year lock-in period from the date of issue but it permitted premature encashment to individuals who were 60 years and above.<\/li><li>Interest on these bonds was taxable under the Income-tax Act,1961.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for subscription to resident citizens\/Hindu Undivided Family (HUF) to invest in a taxable bond. Investment: The minimum investment in this bond starts at Rs 1,000 with&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/explained-what-rbi-discontinuing-7-75-saving-bonds-means-to-investors\/\">Continue reading <span class=\"screen-reader-text\">Explained: What RBI discontinuing 7.75% saving bonds means to investors<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127,2122],"tags":[4118,394],"class_list":["post-86554","post","type-post","status-publish","format-standard","hentry","category-economy","category-miscellaneous","tag-7-75-saving-bond-scheme","tag-rbi","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700805001,"cached_date":1704783205},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86554"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86554\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}