Guidance Needed: Selling a Corporate Bond Without Loss & Understanding Taxation

Maitri Maniya

KF Mentor
I purchased a corporate bond and am now planning to sell it. I contacted the platform where I bought it, and they mentioned that in most cases (80-90%), sellers often have to sell bonds at a discounted price, leading to a loss.

I need advice on two key areas:
  1. Getting a Competitive Deal:
    • How can I sell my bond without incurring a significant loss?
    • Are there alternative platforms or strategies to connect with buyers willing to pay a fair price?
  2. Taxation:
    • What will the tax implications be when I sell the bond?
    • Are there any exemptions or tax-saving options I should know about?
 
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