Web8 Jun 2024 · On maturity or redemption – Difference between redemption price and value as on the last valuation date/cost is generally taxable as interest income. Discount Bonds On maturity or redemption – Difference between face value of the bond and acquisition price is generally taxable as interest income. FPIs: 5%/20% Others: 20%/30% Web24 Nov 2024 · Updated: 24 Nov 2024, 11:18 AM IST Livemint. Maturity proceeds from NCDs attract tax due to long term capital gains. (Photo: Mint) It is advisable to invest a lump sum amount in dynamic asset ...
Tax on Non Convertible Debentures in India - Plan Your Finances
Web17 Jan 2024 · The amount received by the NCD owner at the time of redemption is equal to principal (the book value of NCD) plus interest. The payer is required to withhold TDS at … WebSUB: CERTIFICATE FOR PAYMENT OF INTEREST ON NON-CONVERTIBLE DEBENTURES (NCD) UNDER REGULATION 57(1) OF THE SEBI (LISTING OBLIGATIONS AND … call in the bin
Brief Overview on Non Convertible Debentures (NCD) Issued by …
Web8 Dec 2024 · A Non convertible debentures (NCD) is a debt instrument where the issuing company cannot convert them into either equity or stocks. Usually, big companies issue them to raise capital without giving them an option for conversion into equity. Generally, NCDs are not backed by any collateral. Investors can only rely on the issuing company’s ... WebFace Value (Prior to partial Redemption) No.ofDebentures Partially Redeemed on Partial Redemption amount Face Value after Redemption Interest Paid on Interest per NCD (Quarterly basis) Non Convertible Debentures 959044 INE976A07028 Rs.10,OO,000.00 (per NCD) 1980 16.01.2024 Rs.2,00,0001-(per NCD) RS.8,OO,OOOI-(per NCD) 18.01.2024 … Web4 Oct 2024 · Call Option NCD: Under Call option NCD, issuer i.e. company who is issuing the NCD has the option to redeem the NCD before maturity. Put Option NCD: Under Call option NCD, the investor has the option to redeem the NCD before maturity. 3. Features of Non-Convertible Debentures. NCDs are listed on at least one Stock Exchange (NSE/BSE). call in the air