NHAI Tax Free Bonds Yielding 8.30% p.a.
The latest public issue of bonds is from National Highways Authority of India (NHAI) which has come up with tax free and secured redeemable but non-convertible bonds. Each bond comes with a face value of Rs. 1000 each. This is the Tranche 1 bond issue from NHAI and we can expect more similar tax free [...]
Power Finance Corporation (PFC) Long Term Infrastructure Bonds
Just like the L & T Infrastructure Bonds and IIFCL Bonds, which are still open for investments, the Power Finance Corporation Ltd has come up with their own PFC Long Term Infrastructure Bonds which guarantees returns up to 8.5% p.a. as well as offer you tax savings via the 80CCF option under the current income [...]
Get up to 9.95% returns from SBI Bonds
After their previous stint last year with retail bonds, SBI (State Bank of India), the India’s largest bank has come up with another retail bond issue this year. This retail bond issue is open from February 21, 2011 and will close on February 28, 2011. This SBI bond issue comes with the AAA and AAA/stable [...]
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 [...]
