Many of the peoples are interested in tax saving infrastructure bonds due to better interest rate and separate tax benefit above Rs.1 Lakh available under 80C.Investors have some common queries which I have listed here. 1.What is mean by “Bonds are secured” Security cover of equivalant amount has provided by the issuers. 2.I do not…

Allotment of PFC tax saving infrastructure bonds has been completed. Investors who have applied bonds in demat mode,it has credited in their demat account. Physical bonds will receive within 8-10 days via registered post to the corrospondance address provided by the applicant.If  there is no one in your home to collect the bonds,its better to…

L&T has come up with issue of tax saving infrastructure bonds Tranche 1.This issue will carry tax benefits U/S. 80CCF upto Rs. 20,000/-. Issue Details: Open Date: 25th Nov. 2011. Issue Close Date: 24th Dec.2011. Interest Rate: Interest rate offered by issue is 9%. Investor can choose to take annual interest payment as well cumulative…