Bonds are available on exchanges (NSE, BSE) for trading. Some pay tax free interest and some pay taxable interest. The capital gain after sale of such bonds is taxable at prevailing rates. Any capital asset held by a person for a period of more than 36 months immediately preceding the date of its transfer will be treated as long-term capital asset. However, in respect of certain assets like shares, units of specified mutual funds, listed securities like debentures and Government securities, Units of UTI and Zero Coupon Bonds, the period of holding to be considered is 12 months instead of 36 months. Therefore, If you hold these exchange traded bonds for more than 12 months it is Long term capital gains, otherwise it will be short term capital gains.
Apple : This fruit could reduce your cancer risk, keep your heart healthy, make your teeth whiter, boost your immune system and even beat diarrhea and constipation? Well the apple’s the one. If you’re on a weight loss diet, then you certainly need the apple in your dietary repertoire. One medium-sized apple contains around 50 calories and doesn’t have any fat or sodium.