Wage earners\\\' bonds get tax exemption
FE Report | Friday, 5 June 2015
The national budget for the fiscal year (FY) 2015-2016 has proposed exemption of taxes on interest income of the existing wage earners' bonds.
The finance minister in his budget speech on Thursday, proposed to exempt taxes on the interest of Wage Earners Development Bond (WEDB), US Dollar Premium Bond, US Dollar Investment Bond, Euro Investment Bond, Euro Premium Bond, Pound Starling Investment Bond and Pound Starling Premium Bond.
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