Following issues are expected this year:
1.LIC Infrastructure bonds.
2.PFCÂ Infrastructure bonds.
3.IDFC Infrastructure bonds.
4.L & T Infrastructure bonds.
5.IIFCL Infrastructure bonds.
6.PTC FINANCIAL SERVICES.
7.REC Infrastructure bonds.
8.IFCI Infrastructure bonds.
1.For Details of IFCI Infrastructure bonds click here.
2.For Details of PFC Infrastructure bonds Click Here.
3.For Details of IDFC Infrastructure Bonds Click Here
4.For Details Of L&T Infrastructure Bonds,CLICK HERE
5.For Details Of IFCI Tax Saving Issue Series-4 CLICK HERE
6.For REC Tax Saving issue ,CLICK HERE
Also View:
How to Download application form of L&T and IDFC JAN 2012 Infrastructure Bonds:
About Infrastructure Bonds:
Infrastructure bonds are offered by infrastructure finance companies,with prior approval of Govt. Of India.To promote the infrastructure growth ,,govt have offered investors tax benefit max upto Rs.20,000/-.
Capital raised under these issue is used in infrastructure development projects like projects of National Highways,power plant projects like thermal, hydroelectric power plants and other infrastructure projects.
This product offers investors saving as well as tax bachat.Its only product available in 80ccf section unlike crowdy section 80C.
Investor in 30% tax bracket saves a tax of Rs.6000+Service tax + Ed sess = Rs.6,600/- .
If we consider an average rate of 8.30% per annum,calculation is as shown in the following table.
| Capital InvestedRs.(A) | Tax Bracket | Tax Saved(ST + Cess)(B) | Effective amount invested(A-B) | Maturity valueRs. | Effective Interest rateCompounded pa |
| 20,000 | 30% | 6,600 | 13,400 | 29,800 | 17% |
| 20,000 | 20% | 4,400 | 15,600 | 29,800 | 13.8% |
| 20,000 | 10% | 2,200 | 17,800 | 29,800 | 10.80 |
Though interest earned is taxable,all the debt products whether bank deposits,company deposits,debt funds get the same tax treatment and income is taxable in each case.
If you wish intimation about infra bond issues whenever delared this year then kindly Comment below.
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To invest Rs. 20000 in infra bond for tax saving purposes. suggest which one is availible right now?
Hi,
You can choose any one from IDFC,L&T or PFS.IDFC and L&T will close on 25th Feb while PFS will close on 29th Feb.
I am looking to invest 20000 in infra bond for tax saving purposes. Can anyone suggest which one is availible right now?
1)what about NHAI BONDS
2) whether the amount recieved after maturity is taxable or not
sir,
which is the better tax saving bond available today?
regards
I am looking to invest 20000 in infra bond for tax saving purposes. Can anyone suggest which one is availible right now.
Any idea how much commission the brokers get for infrastructure bonds? and how to become a broker for infrastructure bonds?
Hi,Thanks for your comment.
To become sub broker reach to one of the big brokerage house.
Brokers get 1% commission., for example for Rs 20,000 , broker gets Rs 200.
Hi If I want to invest in REC bonds which series is better option to choose
It depends upon individual choice.I would like to take 15 yrs option and redeem it after 7 yrs….9.15% cumulative for 7 yrs ,I think not bad.
I am looking to invest 60000 in infra bond for tax saving purposes. Can anyone suggest which one is availible right now and which is the best?
Tax benefit is available only upto Rs.20,000/-.
Currently L&T,IFCI and REC bonds are available.
Is it safe to apply for L&T bond considering that it is being issued by a private company as compared to IDFC?
Also, will the IDFC issue re-open in the next quarter?
Hello,
One can invest in L&T bonds though its private company. can’t say about next series of IDFC.
I am looking to invest 20000 in infra bond for tax saving purposes. Can anyone suggest which one is availible right now?
IDFC,L&T and IFCI.