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Rural Electrification Corporation

IIFCL Tax Free Bonds – Dec 2012 – Review

IIFCL Tax Free Bonds - Dec 2012 - Review After Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) Tax Free bonds, India Infrastructure Finance Company (IIFCL), another Government-controlled company, is issuing tax-free bonds between December 26 and January 11. IIFCL Tax Free Bonds – Significant Points: Offer Period: December 26, 2012 – January 11, 2013 (the offer can be pre-closed on full subscription) […] Continue reading →

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 →