Topic: Invest in Infrastructure bonds India to save more TAX.......

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.

Infrastructure Bond Investing to save additional Tax under Section 80CCF

To make Investment, download application Forms below:

https://sites.google.com/site/infrabondapplications/

Documents Required:

1) Filled Up Application
2) Copy of the PAN card (Self-attested)
3) A Cheque in favour of the
4) KYC Documents – Address Proof, ID Proof

Fill up the application forms and attach required documents and submit it to any Karvy Center.

Find a Karvy Center nearest to you:
http://www.thefinapolis.com/v2/locateus.asp

Do not have to call anyone or send mail. Its convenient, Just do it yourself.

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