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Infrastructure Bonds (Sec 80CCF) no more Tax Saving Instrument – FY 2012-13

Infra bonds not eligible for tax benefit FY2012-13 If you were celebrating the tax cuts for next year (FY 2012-13) in Budget 2012, there is some bad news! Infrastructure Bonds would not be eligible as Tax saving instrument under Section 80CCF from FY 2012-13.  What was the benefit? Two years ago there was an additional deduction introduced to encourage investors to put money into […] Continue reading →