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what are taxable and non-taxable bonds?Are GOI securities come under this?


3 Answer(s)


The payments made by a taxable bond will be taxed at your personal income tax rate. The payments made by a non-taxable bond will not be taxed.
Your effective returns will be higher when you invest in a non-taxable bond


TAXABLE BOND-a debt security whose return to the investor is subject to taxes at the local.state of federal level or there combination....

NON-TAXABLE BONDS-a bond issued by a municipal, state govt. whose int payments are not subject to different taxes,,,,,


in case of non taxable bonds the payments are not subject to taxes that is they will not be taxed.... whereas in case of a taxable bond , the return is subject to taxes at any of the level.....
and goi securitie are taxable....

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