Tuesday, 14 February 2012

Infrastructure bonds presently available in the market

Infrastructure bonds are good options to get additional income tax exemption of Rs. 20000 under section 80CCF of income tax rule. This is the eleventh hour to invest for income tax exemption. The following infrastructure bonds are presently available in the market. You can invest in any of these infrastructure bonds as per your interest for availing additional tax exemption under section 80CCF. You can save Rs. 2060, Rs. 4120 & Rs. 6180 for 10%, 20% & 30% income tax slabs respectively. These are IDFC infrastructure bonds, L&T Infrastructure bonds, PFC infrastructure bonds and Seri infrastructure bonds.

Infrastructure bonds presently available


IDFC Ltd Long Term Infrastructure Bonds Tranche 2

Opening Date                   :  11.01.2012

Closing date                     :  25.02.2012

Face Value of one bond   :   Rs. 5000

Minimum order quantity  :   2 bonds

Lock in period                  :   5 years

Interest payment option   : Cumulate or Annual Payment

Rate of Interest                 :   8.7%

Maturity period                : 10 years

L&T Infra Bonds 2012 A Tranche 2

Opening Date                   :  10.01.2012

Closing date                     :  25.02.2012

Face Value of one bond   :   Rs. 1000

Minimum order quantity  :   5 bonds

Lock in period                  :   5 years

Interest payment option   : Cumulate or Annual Payment

Rate of Interest                 :   8.7%

Maturity period                : 10 years

PFC Secured Long Term Infrastructure Bonds Series 2

Opening Date                   :  29.12.2011

Closing date                     :  29.02.2012

Face Value of one bond   :   Rs. 5000

Minimum order quantity  :   1 bond

Lock in period                  :   5 years

Interest payment option   : Cumulate or Annual Payment

Rate of Interest                        :

10 years Cumulative        :   8.93%

10 years Annual interest  :   8.90%

15 years (both options)    :   9.15%

Maturity period                : 10 years & 15 years

Seri Infrastructure Finance Ltd Secured Redeemable Non Convertible Debentures Tax Free Bonds

Opening Date                   :  31.12.2011

Closing date                     :  06.03.2012

Face Value of one bond   :   Rs. 1000

Minimum order quantity  :   1 bond

Lock in period                  :   5 years

Interest payment option   : Cumulate or Annual Payment

Rate of Interest                 :

10 years (both options)      :   8.90%

15 years (both options)    :   9.15%

Maturity period                : 10 years & 15 years

The above mentioned IDFC infrastructure bonds, L&T Infrastructure bonds, PFC infrastructure bonds and Seri infrastructure bonds are presently available in the market. You can avail additional income tax exemption of the income of Rs. 20000 under section 80CCF through these infrastructure bonds. To invest any of these infrastructure bonds, please log in to your demat account or apply online through the website of each infrastructure bonds. You can purchase these infrastructure bonds through banks or from authorized agents.

Related posts

Get Additional Tax Exemptions under Section 80CCF

Infrastructure Bond for Additional Rs. 20000 exemption under section 80CCF

 

2 comments :

  1. Pradeep Sweetball3 April 2012 at 05:08

    Thank You

    The given information is very effective
    i will keep updated with the same 

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  2. Thank You

    The given information is very effective
    i will keep updated with the same 

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