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Taxes

Infrastructure Bonds (Sec 80CCF) no more Tax Saving Instrument – FY 2012-13

Infra bonds not eligible for tax benefit FY2012-13 If you were celebrating the tax cuts for next year (FY 2012-13) in Budget 2012, there is some bad news! Infrastructure Bonds would not be eligible as Tax saving instrument under Section 80CCF from FY 2012-13.  What was the benefit? Two years ago there was an additional deduction introduced to encourage investors to put money into […] Continue reading →

Infrastructure Bonds available in March 2012 – IFCI, L&T, PFS & IDFC Infrastructure Bond

Infrastructure Bonds - Invest to Save Tax   If you have still not invested in infrastructure bonds and still looking for investing for saving income tax , you have  four options: IFCI Infrastructure Bond – Series V L&T Infrastructure Bond PFS Infrastructure Bond IDFC Infrastructure Bond – Tranche III Just in case you missed it, an investment in infrastructure bonds under Section 80CCF is an […] Continue reading →

Infrastructure Bonds available in February 2012

Infrastructure Bonds - Invest to Save Tax If you still looking for investing in Infrastructure Bonds for saving income tax in February 2012, you have option from five companies. IFCI Rural Electrification Corporation L&T Infrastructure Finance Company Infrastructure Development Finance Company (IDFC) SREI Infrastructure Finance Just in case you missed it, an investment in infrastructure bonds under Section 80CCF is an additional window […] Continue reading →