IFCI Infrastructure Bonds – Series V
The series 5 of IFCI Infrastructure Bond is out and available for subscription in the markets. With the tax season around the corner get hold of the benefits you can so that you get the best benefits on your tax deductions this year. With the move to discontinue the additional deduction from the Infrastructure bods for the FY2012 it could be one of those options which could at least...
IDFC Bonds Tranche 3
The Infrastructure Development Finance Company (IDFC) comes out with the third tranche of their long term infrastructure bonds. They are being issued in the form of secured, redeemable, non-convertible debentures. The issue size would not exceed Rs.3,700 crores as per the plans of this issue. This issue which is the third tranche of the infrastructure bonds carries the benefit...
Clarity of Taxation on Infrastructure Bonds
First of all let us understand what infrastructure bonds are? They are also like other bonds but the only difference is that the money that is accumulated from these bonds is spent for the improvement of the infrastructure of the country. Nowadays people are investing in these bonds as they are getting tax exemption also under section 80CCF under the Indian Income Tax act of 1961....
Get Exemption from Tax through Infrastructure Bonds, With Example
One must have seen that people who have business, or are doing service seems to get under a lot of pressure during the month of February and March. If you are a student or have not started your career as yet you must be thinking why is that so? But gradually people seem to realize the mystery behind these 2 months. During these two months people have to go ahead and deposit their...
Understanding Terminology on Infrastructure Bonds
Infrastructure Bonds are pretty new to the financial markets in our country. It was April 2010 which saw it being made an additional investment option which provided an additional tax deduction to the investors U/s 80CCF besides the already available deduction of Rs.1,00,000/- for investments each financial year. Infrastructure Bonds: Background Being among the newest investment...
How To Choose the Best Infrastructure Bonds for Tax Saving?
Suddenly it seems Infrastructure Bonds are making news everywhere. Most of the investors are now looking at it as a lucrative investment option primarily because of the additional Tax benefits that they attract upon investment. These 1st three months of the year 2012 actually saw many new entrants choosing Infrastructure Bonds as their option of investment due to the tax season...
Why Should You Invest In Infrastructure Bonds?
After the move by the government to give an additional tax exemption up to Rs.20,000 besides the already available Rs.1,00,000 U/s 80C Infrastructure Bonds has got popular. For a person investing in these bonds it means a substantial source to save taxes from the earnings each year. This move has rolled out several Infrastructure Bonds from companies such as IDFC, IFCI Ltd., SREI...
The Investment limit for Infrastructure Bonds might increase up to Rs. 50,000
As an initiative for providing a boost to the financial sector and promote investment in infrastructure Bonds the government plans to increase investment limits in these bonds. As per reports it is anticipated that the new level for investing in Infrastructure Bonds might be increased more than double the existing levels. This means that the tax limits which the investors are eligible...
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IFCI Infrastructure Bonds – Series V
The series 5 of IFCI Infrastructure Bond is out and available for subscription in the markets. With the tax season around the corner get hold of the benefits you can…
IDFC Bonds Tranche 3
The Infrastructure Development Finance Company (IDFC) comes out with the third tranche of their long term infrastructure bonds. They are being issued in the form of secured, redeemable, non-convertible debentures. The…
Clarity of Taxation on Infrastructure Bonds
First of all let us understand what infrastructure bonds are? They are also like other bonds but the only difference is that the money that is accumulated from these bonds…