Sunday, 6 February 2011

L&T Infrastructure Bond from 07th February to 7th March 2011

After the closing of the second issue of IDFC Infrastructure Bond on 04th February, 2011, the L&T Infrastructure Finance Company also came in to market with their Infrastructure Bond, which is helpful to get additional Income Tax Exemption of Rs. 20000 under section 80CCF. This the second issue of infrastructure bond form L&T Infrastructure Finance Company in the financial year 2010-11.

The L&T Infrastructure Bond opens today, 7th February, 2011 and the issue will be closed on 07th March, 2011. The total issue of Rs 100-crore non-convertible debentures, offering a coupon of 8.20% per annum in the first series (series I) which can be redeemed after 5 years and 8.3% in the second series or (series II) can be redeemed after 7 years.

This infrastructure bond is also almost same with other infrastructure bonds and the investor can claim tax benefit under section 80 CCF, which is allowed and additional deduction of Rs. 20000 from the total income of the tax payer and the highest tax bracket can save Rs. 6180 including education cess. Others also can get benefit as per their tax brackets and this last time issue also may be welcomed by the investors.

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31 comments :

  1. if any body required Infra Bonds processing, please call me at 9241545354 (for bangalore only).

    ReplyDelete
  2. L &T INFRASTRUCTURE BONDS - SECTION 80 CCF

    TAX EXEMPTION...

    PEOPLE FROM PUNE CAN CONTACT ON 9762847432 ( RISHIRAJ)

    HURRY!!! ISSUE CLOSES 7TH MARCH 2011.

    ReplyDelete
  3. What is the payout structure in these two series of bonds?

    ReplyDelete
  4. Dr. Mizanur Rahman10 February 2011 at 03:20

    Tax payers will get relief to U/S 80 CCF to the extent of Rs. 20,000, which is beyond the savings limit U/S 80 C. I am very much happy to know that L&T has given the opportunity of such Infrastructure Bond. I invite the tax payers to take the advantage by invest in this Bond.

    ReplyDelete
  5. Dr. M. Rahman, Haflong Govt. College, Assam10 February 2011 at 03:32

    Very useful for the tax payers

    ReplyDelete
  6. Dr. Mizanur Rahman, Haflong Govt. College, Assam10 February 2011 at 03:43

    L & T has given the opportunity to the tax payers for taking the advantage of tax releif U/S 80CCF. Investment in this infrastructure bond is not only benefit the taxpayers above the maximum limit of savings under 80 C to the extent of Rs. 20000 but help in future gaining by attractive dividend benefit. This is really encouraging and contribution in nation building by investing in infrastructure sector. I invite the tax payers not to miss the opportunity.

    ReplyDelete
  7. From which person or place i can buy l&t infra structure bond at patna bihar?

    ReplyDelete
  8. may I be able to purchase this bond through online internet service

    ReplyDelete
  9. If anyone requires L & T bond in Mumbai and new Mumbai please let me know, i will help you abt it
    Phone : 9595826685

    ReplyDelete
  10. hello, i would like to tell u about the payout oiption.please contact me at 09021470440

    ReplyDelete
  11. I want to invest Rs. 20000/- in L & T bonds. Who can help me in Palampur, Himchal Pradesh?

    ReplyDelete
  12. You can invest in these bonds either in the physical form or electronically through brokers like ICICI Direct. You can buy a form through one of the several agents across the country and invest in it through them as well.

    Here is a list of banks listed on their website that can give you more information as well:

    * Axis Bank
    * DBS Bank
    * HDFC Bank
    * HSBC Bank
    * ICICI Bank
    * IDBI Bank
    * ING Bank
    * SBI Bank

    ReplyDelete
  13. Yes you can. You can also purchase through your online demat account

    ReplyDelete
  14. just give me your address then i can send you the application form.

    A.K.Singh
    9311099558

    ReplyDelete
  15. Sir, IDFC Bond issue is closed on 4th of Feb.2011, but at present L & T bond and REC bond and IIFCL bond is available. if you are interested mail me your full postal address, then we can provide the forms in which you can apply and avail the Tax rebate.

    Thanking you,

    A.K.Singh
    9311099558
    01122482985

    ReplyDelete
  16. If any body wants to invest in IIFCL Infra bonds, please call me on 9825100043 for Ahmedabad (Gujarat) only

    ReplyDelete
  17. I want to invest Rs. 20000/- in L & T bonds. Who can help me in kerala , kottayam.

    ReplyDelete
  18. if any body required L&T Infrastructure Bonds processing, please call me at 9241545354 (for bangalore only).

    ReplyDelete
  19. I want to buy L & T infrastructure bond for Rs. 20,000. I stay in Bangalore.

    Could you get back to me on my email address with your phone number so we can catch up.

    ReplyDelete
  20. L &T INFRASTRUCTURE BONDS – SECTION 80 CCF

    TAX EXEMPTION…

    PEOPLE FROM PUNE CAN CONTACT ON 9762847432 ( RISHIRAJ)

    HURRY!!! ISSUE CLOSES 7TH MARCH 2011.

    ReplyDelete
  21. sir.
    tell me adress of l&T SELLER IN JAIPUR

    ReplyDelete
  22. address: 3-chha-11, vigyan Nagar Kota

    ReplyDelete
  23. Dear Uday,

    I process Infra Bonds in Bangalore, contact me on 9241545354 or mail me at m.venkat69@yahoo.com, please call any time

    ReplyDelete
  24. I want to invest rs. 20000 in infra bonds up to 31.03.11 regading tax benifit under 80ccf, i am at samastipur bihar contact me on 9771462570

    ReplyDelete
  25. I have applied L & T Infrastructure bond in physicaal form on 27/2/2011 but till date no document has not received yet . To whom I should contact ?

    ReplyDelete
  26. Jaykumar Acharya4 April 2011 at 00:05

    I also applied for L&T bonds in physical form. I received following email notification (given at the end) on 24-Mar-11. I was able to download allotment advice from the given link. I also have a credit of the interest (Rs. 85.48) in my bank account. But till date, I haven't received physical bond certificate on my address. I tried to call their numbers (18001022131 & 022-40605444), but nobody receives the call. Also, I emailed to investor2011A@ltinfra.com, but it gave me failure delivery. Finally, I emailed to savetax@ltinfra.com and yet not received any response. Has anybody got the certificate?

    Dear Investor,
    20 L&T Infra Bonds 2011A Series have been allotted on 23.3.2011. Allotment Advice is being dispatched along with Debenture Certificate/Refund Order / Interest Warrant by Speed Post. You may also download the Allotment Advice through our website www.shareproservices.com
    Click here to access Allotment Advice.
    Regards
    Customer Care
    Sharepro Services (India) Pvt. Ltd.

    *** This is an auto-generated email. Please do not reply ***

    ReplyDelete
  27. Jaykumar Acharya9 April 2011 at 01:45

    I just got certificate yesterday (08-Apr-11).

    ReplyDelete
  28. I have applied L & T Infrastructure bond in physicaal form on 4/07/20011 but till date no document has not received yet . To whom I should contact ?

    ReplyDelete
  29. HI, TELL ME IN DETAIL MORE OF THE L&T BONDS UNDER 80CCF.

    ReplyDelete
  30. Wat u wrote , can u undrtnd urslf..

    ReplyDelete
  31. I can also invest Rs.20000/- in infrastructure bonds u/s 80CCF and I have presently posted at Udhampur-182101, J&K state. So what is procedure of above and where.
    Regards,
    Bibhash Ghosh

    ReplyDelete