Save tax Rs.6,180/- by investing Rs.20,000/- in Infra Bonds

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A gentle reminder on Long Term Infra Bonds with Income Tax benefit u/s.80-CCF.

 

Invest Rs.20,000/- and save tax of Rs.6,180/-.

 

This is over and above 80-C, 80-CCC & 80-CCD.

 

 

1.   L&T Infrastructure Finance Company Ltd - Issue closes on 25/02/2012 : 

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Minimum Investment amount Rs.5,000/-and in multiples of Rs.1000/-. 8.70% interest - Annual & Cumulative options available. "CARE AA+" & "ICRA AA+" rating.

2.   Infrastructure Development Finance Company Ltd - Issue closes on 25/02/2012 :

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Minimum Investment amount Rs.10,000/-and in multiples of Rs.5000/-.  8.70% interest - Annual & Cumulative options available. "ICRA AAA" & "FITCH AAA" rating.

3.   SREI Infrastructure Finance Limited - Issue closes on 06/03/2012 :

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Minimum Investment amount Rs.1,000/-and in multiples of Rs.1,000/-. 8.90% for 10 years and 9.15% for 15 years interest - Annual & Cumulative options available. Rating "CARE AA" by CARE.