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Rupee denominated bonds News

18 Sep 2018

Interest payable on rupee bonds issued abroad by Indian cos exempt from tax

The interest would be exempt on rupee denominated bond issued outside India during the period from September 17, 2018, to March 31, 2019.

16 Feb 2017

RBI allows multilateral FIs to invest in masala bonds

Reserve Bank on Thursday permitted multilateral financial institutions to invest in rupee denominated bonds popularly known as 'masala bonds' issued by Indian entities.

11 Jul 2016

HDFC to become first issuer of synthetic bonds

HDFC Ltd, the country's largest private sector mortgage lender, plans to raise Rs 3,000 crore through synthetic bonds, the first ever by an Indian company.

Revenue Department

29 Oct 2015

Interest on rupee denominated bonds to attract 5% tax

Reserve Bank of India has recently permitted the corporates to issue rupee denominated bonds outside India.

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