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Invest in Infrastructure bonds India to save more TAX.......
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jiten702
#1 Posted : Monday, February 07, 2011 3:35:48 PM
Rank: New-farer


Joined: 1/17/2011
Posts: 7
Location: India
Infrastructure bonds, no doubt is creating a sensation all over with the range of facility that it provides to its investors. Saving tax was never been so simple and precise, now with the aid of infrastructure bonds one can save even more tax as per section 80CCF.

Key features of Infrastructure bonds:-

  • Tenure: The minimum tenure of these bonds will be 10 years. The lock-in period for these bonds will be 5 years. So if the investor does not want to hold these bonds for the entire tenure, then he can sell these bonds in the secondary market after 5 years.

  • Income Tax Benefits: Under Section 80CCF of the Income Tax Act, the maximum deduction from taxable income that can be availed by investing in these bonds is Rs 20,000.

  • Interest: The interest rate paid on these bonds will depend on the interest rates prevailing in the market at the time of issuing these bonds.

  • Others: Investors will have to furnish their PAN card number to the issuing company for buying these bonds.
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MatataMingi
#2 Posted : Monday, February 07, 2011 9:34:38 PM
Rank: Member


Joined: 11/17/2009
Posts: 398
Location: Where everyone knows you
@ jiten702,
You talk a lot of crap.
Do you think we dont have "Infrastructure" bonds here in Kenya.
Can you read the info on our bonds and let us know why these from India are any better.

As per Interest, why would anyone invest for 10 years at PREVILING rates. Anyway what are these rates? More than 15 % p.a

You state that the MAXIMUM tax is Rs 20,000. Are you saying this is a constant amount and not dependant on how much you invest. VERY interesting.
Is this bond issued by you and friends or a bank.

Can you provide us with a link so we can check it out.

We want to make some honest money not actually become BILLIONERS !!
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MatataMingi
#3 Posted : Tuesday, February 08, 2011 10:32:25 PM
Rank: Member


Joined: 11/17/2009
Posts: 398
Location: Where everyone knows you
@ jiten702,

You are very quiet. Have any more info !!!!
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georgenelson
#4 Posted : Monday, December 23, 2013 12:23:13 PM
Rank: Hello


Joined: 12/23/2013
Posts: 2
I accept the income tax benefits and interest are the main and essential key features of Infrastructure bonds.
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Metasploit
#5 Posted : Monday, December 23, 2013 12:30:25 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
,

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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KulaRaha
#6 Posted : Monday, December 23, 2013 12:35:23 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
This is a spam post...just ignore.
Business opportunities are like buses,there's always another one coming
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