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Funded debts

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(Querist)
20 January 2016 The loan taken by government on promissory notes is called Funded Debts. This loan is not repaid. Only interest is paid on them by the government. Why?
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Arpit Shah

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Arpit Shah (Expert)
20 January 2016 http://taxguru.in/income-tax/taxation-capital-gains-case-shares-securities-mutual-funds-units-fy-201415.html
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Arpit Shah

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Arpit Shah (Expert)
20 January 2016 http://taxguru.in/corporate-law/negotiable-instruments-amendment-act-2015-amend-ni-act-1881.html
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Arpit Shah

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Arpit Shah (Expert)
20 January 2016 http://taxguru.in/rbi/faqs-indian-currency-guide-money-matters.html

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