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 […]
If you have still not invested in Infrastructure Bond for FY 2011 – 12, you are further spoiled for choice. SERI is latest entrant offering 8.9% – 9.15% interest per annum. The table below gives the details of the issue: Face Value Rs. 1,000/- per bond Minimum Application Rs. 1,000/- (i.e. 1 Bond) Issue Schedule
SERI Tax Saving Infrastructure Bond – Details & Review Read More »
There has been a series of Infrastructure launches one after the other. L&T & IDFC had successfully closed their infrastructure bond isues and not its IFCI and REC (Rural Electrification Corporation Limited) Infrastructue Bonds. You can invest in the same upto Rs. 20,000 to save tax. Below are the details of the same. Face Value Rs.
IFCI is once again out with infrastructure bonds – IFCI Tax Saving Long Term Infrastructure Bonds–Series IV. You can invest in the same upto Rs. 20,000 to save tax. Below are the details of the same. Rating ‘BWR AA-‘ by Brickwork Ratings India Pvt. Limited CARE‘A+’ by CARE Ratings (Credit Analysis & Research Ltd.) ‘LA’ by
Save taxes with IFCI Infrastructure Bonds – Series IV Read More »
IDFC is once again out with infrastructure bonds – IDFC Tax Saving Long Term Infrastructure Bonds. You can invest in the same upto Rs. 20,000 to save tax. Below are the details of the same. These bonds have got the highest credit rating of (ICRA) AAA by ICRA and Fitch AAA (ind) by Fitch. Issue
