A lot of companies like REC, IRFC, PFC and HUDCO have their tranche – II of Tax free bonds open for subscription. A lesser known company Ennore Port Ltd too have come with their tax free bonds. Here are the details
As I said above, I don’t know why anyone should opt for these bonds. HUDCO Tax Free Bonds are better option. They are more known company, have a better credit rating and still offering 2 basis points higher interest rates.
Ennore Port Limited is a Govt. of India undertaking with a Mini Ratna category I status. It is incorporated as a company in October, 1999 under the Companies Act, 1956, and is the first corporatized major port in the country and 12th major port in India. It functions on the Landlord Port Model basis whereby the port constitutes a landlord, which manages the basic port assets by leasing land and basic infrastructure to port operators.
Everyone hates paying taxes and always are on lookout for Options to Save Tax. However…
Are you worried and confused about Lien amount in SBI? Well you are not alone.…
Get details of latest Sovereign Gold Bond Price, Issue details, taxation and how to invest.…
Download the Excel based Income Tax Calculator India for FY 2020-21 (AY 2021-22). This compares…
Piramal Capital & Housing Finance, has come out with Piramal Capital & Housing Finance Ltd…
IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL…