Self Help Documentation
What is Taxable Yield vs Tax-Free Yield?
- Taxable Yield: Income is subject to income tax (e.g., interest on FD, corporate bonds).
- Tax-Free Yield: Income is exempt (e.g., interest on Tax-Free Bonds issued by PFC, REC, NHAI etc.).
- Investors often compare post-tax yields to assess which instrument offers a better effective return.