Did you know that you can save up about 6,000 rupees in taxes this year if you invest in Infrastructure Bonds? Starting September 15, 2010, these bonds are available to all tax payers to get an extra deduction of 20,000 rupees in the tax year ending March 31, 2010. Here we share with you all the details you need to know on these bonds and how to invest in them.
What is this new tax deduction that allows me to deduct an additional 20,000 rupees?
What are the features of these Infrastructure Bonds?
What are the variety options to invest in these bonds?
What do I need to invest in this tax saving instrument?
Who should invest in these bonds?
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LIC, IDFC, IFCI and other entities classified as infrastructure related NBFCs by RBI