Category: Tax Saving Scheme
Post Office Small Saving Schemes-New Interest Rates
On March 26, 2012, the Finance Ministry has provided a ‘pleasant gift’ to small investor by providing increased rate of interest in Post Office ‘Small saving Schemes’, such as NSC, PPF, SCSS -04 schemes which also help in saving income tax. Also, the ministry has increased on other ongoing schemes such as 1/2/3/5 yr TD, [...]
IDFC Infrastructure bonds Tranche 3
IDFC (Infrastructure Development Finance Company Ltd) has brought yet another bonds under section 80CCF from March 19, 2012 till March 30, 2012 for the investors still could not save tax under this section. The details of the bonds are as under : Download Application Form Check Allotment Status Issue Details: Issue Opens: 19-Mar-2012 Issue Closes: [...]
PFC Long Term Infrastructure Bond-Series 86
Power Finance Corporation Ltd(PFC) has launched another issue under Long Term Infrastructure Bond-Series 86, from February 29, 2012 , a scheme with benefits under Section 80CCF of The Income Tax Act 1961. The scheme will remain open till March 23, 2012. Check Allotment Status PRIVATE PLACEMENT OF LONG TERM INFRASTRUCTURE BONDS: SERIES 86 Issuer Power [...]
All Infra Bonds 2011-12 Allotment Status and Details
So many infrastructure bonds have launched this year. For each bond, investors need to track their details, application forms and then allotment status. So, we thought, we can combine all of them at one place so that investors like you can find all of them very easily. So, here we go with the compilation of [...]
IDFC Infrastructure Bonds 2011-12 Tranche 2
IDFC is launching Infrastructure Bonds on January 11, 2012 under public issue of tranche 2 bonds of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961, to be issued at par on the terms [...]
L&T Infrastructure Bond 2012A (Tranche 2)
L&T Infrastructure Finance Company Ltd has launched Public Issue of Long Term Infrastructure Bonds 2012A Tranche-2 of face value of Rs. 1,000 each, as nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961 (the “Tranche 2 Bonds”). Download Application Form Check Allotment Status Issue Date further [...]
PFS Long Term Infrastructure Bond Series 2
PTC India Financial Services Ltd. (PFS) has launched infrastructure bonds in the name as PFS Long Term Infrastructure Bond – Series 2, under section 80CCF of face value of Rs. 5000/- each to remain open till February 29, 2012 for subscription. The company has set up as a special purpose investment vehicle for providing total [...]
NFO: SBI TAX ADVANTAGE FUND-SERIES II
SBI Mutual Fund has launched new fund offfer (NFO) as SBI Tax Advantage Fund – SERIES II under ELSS category from December 22, 2011 as close ended fund. The scheme objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies [...]
SIFL Infrastructure Bonds 2011-12 Tranche 1
Srei Infrastructure Finance Limited (‘SIFL’) was incorporated in 1985. SREI providing financial products and services to customers engaged in infrastructure development and construction, mainly focusing on power, road, telecom, port, oil and gas & SEZ sectors in India with a medium to long term perspective. The Company was notified as a Public Financial Institution on [...]
REC Long Term Infrastructure Bonds-Series (2011-12)
REC Ltd (Rural Electrification Corporation Limited) has launched infrastructure bonds from December 19, 2011 with coupon rate of 8.95% for 10 year tenure and 9.15% for 15 years period under section 80CCF of the Income Tax act 1961 for investment upto Rs.20,000/-. Issue details Issue Opens: December 19, 2011 Issue Closes: February 10, 2012 (The [...]
