Long Term Infrastructure Bonds 2012 by IDFC, REC, IIFCL, IFCI, L and T, ICICI, LIC and SBI
Govt. of India has allowed certain Infrastructure companies to issue Long Term Tax Saving Infrastructure Bonds. These companies include IDFC, IFCI, REC, IIFCL, L and T, ICICI etc. Investors of these Infra Bonds can claim tax exemption under section 80 CCF of the Income Tax Act, 1961 for an amount up to Rs. 20000. This … Read more