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What is infrastructural bond?

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Anonymous

15y ago
Updated: 9/17/2019

Infra Bonds are like any other bond that is available in the debt market for purchase with the only difference being the fact that, the funds collected through the sale of these bonds is used for the infrastructural development of India. Hence, to promote more investment in this segment, the government has come up with the tax benefit so that investors would invest in these bonds.

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Wiki User

13y ago

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