The season of infrastructure bonds have started. You have two infrastructure bonds which are available, one is from IDFC and another from L&T.You want to know which is the best? Before that lets understand what these bonds offer? L&T Infrastructure bonds 2011 For the financial year 2011 –12, L&T ((L&T Infrastructure Finance …
For the financial year 2011 –12, L&T ((L&T Infrastructure Finance Company Ltd) is issuing infrastructure bond. Under Section 80CCF of the income tax act, the L&T Infrastructure bond carries a 9% annual interest. Also read — What are Infrastructure bonds? L&T Infrastructure bonds 2011–2012 – Issue open & Close date Infrastructure …
For the financial year 2011 –12, IDFC ((Infrastructure Development finance Company Ltd) is issuing infrastructure bond. Under Section 80CCF of the income tax act, the IDFC Infrastructure bond carries a 9% annual interest and 10 years maturity period. IDFC Infrastructure bonds 2011 – Issue open & Close date Infrastructure bond opens …
National Highways Authority of India (NHAI), an autonomous body under the Ministry of Road Transport recently launched its 54EC bonds or popularly called as NHAI Tax Bonds. The rate of return on NHAI Tax Bonds is 6 percent a year for a period of three years. The interest is fully …
Infrastructure Development Finance Company Limited (IDFC) has launched a long term infrastructure bond called as IDFC Infrastructure bond. Proceeds from the IDFC Infrastructure bond issue are proposed to be used for the Company’s infrastructure lending activities. Read this — Infrastructure Bonds – Is it a good investment option? IDFC Infrastructure …
Infrastructure bonds are tax savings bonds issued by corporations associated with the Government of India. Recently, the government of India granted approval to Life Insurance Corporation (LIC), Industrial Finance Corporation of India (IFCI) and Infrastructure Development Finance Company (IDFC) to issue infrastructure bonds. Industrial Finance Corporation of India (IFCI) is the …