Infrastructure bonds help to save taxes and latest in the fray to bring 80CCF Infrastructure Bonds is Srei Infrastructure Finance Ltd
Date of Opening : 31 December 2011
Date of Closing: 31 January 2012.
Srei Infrastructure Bonds have four options to choose from and the bond issue has got a rating of CARE AA from CARE and it indicates a high degree of safety.
The imp issues which needs consideration is that the buyback period is 5 years for all 4 options available for investment in these bonds. One has an option to choose between two options with a term of 10 years, and then two more options with a term of 15 years. A good thing available in the whole system is that one can exercise buyback option at the end of 5 years.
Do we recommend investment in infrastructure bonds?
Dynamism in investment will provide an answer on the subject. If you are lucky go merry type and let time help you increase your investments and you want to use all options of income tax saving in India, than go for it.
If you are a dynamic investor who has time, resources and will to juggle with investments than one can miss this offer as it is not prudent to lock your money for 5 years for sake of income tax benefits and interest component.
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