TEMPLETON INCOME TRUST
24F-2NT, 1996-10-30
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

          READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
                              PLEASE PRINT OR TYPE.

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        1.        Name and address of issuer:  Templeton Income Trust.
                                               700 Central Avenue
                                               St. Petersburg, Florida  33701
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        2.        Name of each series or class of funds for which this notice 
                  is filed:

                  Templeton Global Bond Fund - Class I
                  Templeton Global Bond Fund - Class II
                  Templeton Money Fund

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        3.        Investment Company Act File Number:  811-4706

                  Securities Act File Number:   33-6510

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        4.      Last day of fiscal year for which this notice is filed: 8/31/96

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        5.       Check box if this notice is being filed more than 180 days 
                 after the close of the issuer's fiscal year for purposes of
                 reporting securities sold after the close of the fiscal year
                 but before termination of the issuer's 24f-2 declaration:  N/A

                                                              [   ]

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        6.      Date of termination of issuer's declaration under rule 24f-2(a)
                 1), if applicable (see instruction A.6):   N/A

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        7.       Number and amount of securities of the same class of series 
                 which had been registered under the Securities Act of 1933 
                 other than pursuant to rule 24f-2 in a prior fiscal year, but
                 which remained unsold at the beginning of the fiscal year: 
                    
                                             42,071,070shs
                                            $42,071,070
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        8.       Number and amount of securities registered during the fiscal
                 year other than pursuant to rule 24f-2:

                        Templeton Global Bond Fund      2,772,433 shs
                                                      $27,225,288
                         Templeton Money Fund            16,165,512 shs
                                                        $16,165,512

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        9.        Number and aggregate sale price of securities sold during the
                  fiscal year:

                                             541,199,472shs
                                            $584,817,014
                 (Includes securities issued in connection with dividend
                    reinvestment plans.)
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        10.      Number and aggregate sale price of securities sold during the
                 fiscal year in reliance upon registration pursuant to 
                 rule 24f-2:

                                             514,328,750 shs
                                            $566,668,535
                 (Note:  $18,148,479 of securities listed in Item 7 and Item 8
                         of this Form 24f-2 have been applied pursuant to Rule
                          24e-2)
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        11.     Number and aggregate sale price of securities issued during the
                fiscal year in connection with dividend  reinvestment plans, if
                applicable (see instruction B.7):

                         Included in response to Item 9 above

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        12.       Calculation of registration fee:

                  (i) Aggregate sale price of securities 
                      sold during the fiscal year in reliance 
                      on rule 24f-2 (from Item 10):              $570,190,543
                                                                               
          

                (ii)  Aggregate price of shares issued in
                      connection with dividend reinvestment 
                      plans (from Item 11, if applicable):      +          0

               (iii)  Aggregate price of shares redeemed 
                      or repurchased during the fiscal
                      year (if applicable):                    - 566,668,535
                                                                   
                (iv)  Aggregate price of shares redeemed or
                      repurchased and previously  applied 
                      as a reduction to filing fees pursuant
                      to rule 24e-2 (if applicable):          +           0

                 (v)  Net aggregate price of securities
                      sold and issued during the fiscal year
                      in reliance on rule 24f-2 (line (i),
                      plus line (ii), less line (iii), plus
                      line (iv))(if applicable):                         0

                (vi)  Multiplier prescribed by Section 6(b) 
                      of the Securities Act of 1933 or other 
                      applicable law or regulation (see
                      instruction C.6):                      x       1/3300

               (vii)  Fee due (line (i) or line (v)
                      multiplied by line (vi)):               $         -0-
                                                                            
          

           INSTRUCTION: ISSUERS SHOULD COMPLETE LINES (II), (III), (IV), AND
                        (V) ONLY IF THE FORM IS BEING FILED WITHIN 60 DAYS 
                        AFTER THE CLOSE OF THE ISSUER'S FISCAL YEAR.

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        13.      Check box if fees are being  remitted to the Commission's
                 lockbox depository as  described in section 3a of  the
                 Commission's Rules of Informal and Other Procedures (17 CFR
                 202.3a).

                                                                  [   ]

                 Date of mailing or wire transfer of filing fees to the 
                 Commission's lockbox depository: 

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                                   SIGNATURES

                 This report has been signed below by the  following  persons on
                 behalf of the issuer and in the capacities and on the dates
                 indicated.

                 By (Signature and Title)    /s/JAMES R. BAIO
                                               James R. Baio
                                               Treasurer

                 Date:  October 30, 1996

 PLEASE PRINT THE NAME AND TITLE OF THE SIGNING OFFICER BELOW THE SIGNATURE.

      







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