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Rural Electrification Corporation (REC) Tax Free Bonds – Should you invest?

REC Tax Free Bonds - March 2012 - Review Rural Electrification Corporation (REC), Govt of India undertaking Navratna company has come up with a issue of secured, tax free bonds of size 1500 crore with option to retain over subscription of up to Rs. 3000 crore. Highlights of Rural Electrification Corporation Tax Free Bonds: The income by way of interest on these Bonds is […] Continue reading →

Infrastructure Bonds available in February 2012

Infrastructure Bonds - Invest to Save Tax If you still looking for investing in Infrastructure Bonds for saving income tax in February 2012, you have option from five companies. IFCI Rural Electrification Corporation L&T Infrastructure Finance Company Infrastructure Development Finance Company (IDFC) SREI Infrastructure Finance Just in case you missed it, an investment in infrastructure bonds under Section 80CCF is an additional window […] Continue reading →

Invest in REC Infrastructure Bond to save tax

rec infrastructure bond There has been a series of Infrastructure launches one after the other.  L&T & IDFC had successfully closed their infrastructure bond isues  and not its IFCI and REC (Rural Electrification Corporation Limited) Infrastructue Bonds. You can invest in the same upto Rs. 20,000 to save tax. Below are the details of the same. Face Value Rs. […] Continue reading →

Save taxes with IFCI Infrastructure Bonds – Series IV

IFCI infrastructure bond 2011 IFCI is once again out with infrastructure bonds – IFCI Tax Saving Long Term Infrastructure Bonds–Series IV. You can invest in the same upto Rs. 20,000 to save tax. Below are the details of the same.  Rating ‘BWR AA-‘ by Brickwork Ratings India Pvt. Limited CARE‘A+’ by CARE Ratings (Credit Analysis & Research Ltd.) ‘LA’ by […] Continue reading →