Money Tales: Bollywood celebrities prefer to invest in Tax-Free Bonds
Friday, April 7, 2017, 1:35 PM
In the past 3-4 years, many public sector undertakings have come up with tax-free bonds. Given the negligible credit risk and assured tax-free returns over a long term horizon of 15-20 years, this investment avenue has become an instant hit with Indian celebrities. Actors such as Aamir Khan, Akshay Kumar, Kareena and Karishma Kapoor have invested heavily in Tax-free bonds sold by IRFC.