tax saving
IIFCL Infra Bonds to Save Tax
Just like L&T Infra Bonds, Indian Infrastructure Finance Company (IIFCL) too has announced their infrastructure bonds which comes under the tax benefit criteria under the section 80CCF. Just like any other infrastructure bonds this one from IIFCL too can be claimed for income tax exemption up to an investment of Rs. 20,000 and can help [...]
L&T Infra Tax Saving Bonds 2011 A Series
The additional tax saving option of Tax Saving Bonds from L&T is back and open for public from February 7, 2011 and will be open till March 7, 2011 so that you can catch up on the tax saving of up to Rs. 6180 on investments of Rs. 20,000 in it. If you have missed [...]
LICs Bima Account Non-Linked Life Insurance
LIC of India has recently introduced a new non-linked variable life insurance plan namely Bima Account which offers the blend of insurance cum investment in one policy and also with guaranteed returns. This plan from Life Insurance Corporation of India comes with two options namely Bima Account 1 (plan 805) and Bima Account 2 (plan [...]
IFCI Long Term Infrastructure Bonds– SERIES II
The tax saving cum investment bonds, i.e., the IFCI Long Term Infrastructure Bonds – Series II is open for public from November 16, 2010 and closes on December 31, 2010. The deemed date of allotment will be January 31, 2011. The buy back date of these Series 2 bonds will be January 31 from 2016 [...]
L&T Infra Long-term Infrastructure Bonds
After IDFC Infrastructure Bond now L&T Infrastructure Finance Company Limited or just L&T Infra has launched just their long-term infrastructure bond. Just like the IDFC Bond, this one too comes with tax saving option for the investment of up Rs. 20,000 under section 80 CCF after the recent announcement in the budget. The money invested [...]
