IDFC Infrastructure Bond Application Form Opening from 17 January 2011 to February 4th 2011. The IDFC are the second batch of infrastructure bonds will continue till Feb 4. IDFC aims to raise Rs 2,928 crore via infra bonds. IDFC’s infrastructure bond issue would remain open by a coupon rate of eight per cent, which has been offered by IDFC.
The best feature of the bond is that give’s tax benefits to Individual & HUF – U/S 80CCF upto Rs. 20,000/- This is over & above Rs. 1 lakh U/S 80C, 80CCC, 80CCD of IT Act.
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