Taxation: Interest income from the FRSB is taxable under Income Tax laws. Bonds are subject to TDS (Tax Deducted at Source) if interest is above the limit. However, there is an exemption and deduction available under the extant tax laws for investors. Capital gain tax treatment varies for bonds while holding it. The capital gains that acquire indexation benefit are levied if the bo... https://finxl.in/financial-modelling-course-certification.html