Infrastructure bond
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 January 2011
Is Investing in Infrastructure bond a good strategy considering the low returns it provides and the lock in period is also more..
CA Sanat Pyne
(Expert)
18 January 2011
YOU WILL GET EXTRA DEDUCTION UPTO Rs.20000 U/S 80CCF.
18 January 2011
Individual with 20-30 % tax bracket : Yes.. its a good option.
But for 10 % tax bracket holders.... Its not a good option. You can rather invest the same amount in some other option to get returns higher than the actual tax saved...
But for 10 % tax bracket holders.... Its not a good option. You can rather invest the same amount in some other option to get returns higher than the actual tax saved...
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