infrastructure bond articles

Bid Bond and Performance Bond

Tendering is a process where Government, municipalities and most corporations issue a procurement notice through various media such as newspapers, official government publications for purchasing goods or availing services....

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Posted Under: Corporate Law |

L&T Infra Long term Infrastructure Bond – Save tax u/s. 80CCF and earn interest at 9% p.a.

L&T Infra is proud to bring to you, for the second year running, the Long term Infrastructure Bonds. These tax-saving bonds let you invest indirectly on a long term basis, in infrastructure projects across the country and aid in the growth of India. By investing in L&T Infra 2011B Bond Series, investors can save tax and earn an annual int...

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Posted Under: Corporate Law |

Apply in IFCI bond before August 31, 2010 to avail deduction of Rs. 20000 U/s. 80CCF

Key features and notification of IFCI Infrastructure Tax Saving Bonds u/s 80CCF is given below. 1. This bonds will be called "Long Term Infrastructure Bond". 2. Application can be by individual or HUF only but not by minor through Gurdians. 3. An Individual or HUF can invest Rs. 20000/- in a Financial year to avail deduction unde...

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Posted Under: Corporate Law |

section 80CCF – Deduction in respect of long-term infrastructure bonds

In tune with the policy thrust of promoting investment in the infrastructure sector, it is proposed to insert a new section 80CCF in the Income-tax Act to provide that subscription during the financial year 2010-11 made to long-term infrastructure bonds (as may be notified by the Central Government), to the extent of Rs. 20,000, shall be ...

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Posted Under: Corporate Law |

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