Rebate under section 80ccf
Querist : Anonymous
I want to invest Rs. 20,000 under 80CCF in infrastructure bond for the current financial year. My salary is around4 lacs p.a. When should I invest in I. Bond and which bond should I invest. Please suggest. I shall be thankful to you.
With regards,
R. Banerjee
Up to AY 2012-13, the deduction is allowable. DO not wait till the last dates.
Invest in any Fund, starting with the letter most suits to you.
Querist : Anonymous
Querist : Anonymous
Back then, the following were some commonly eligible infrastructure bonds:
REC Ltd. Bonds (Rural Electrification Corporation)
NHAI Bonds (National Highways Authority of India)
IRFC Bonds (Indian Railways Finance Corporation)
IIFCL Bonds (India Infrastructure Finance Company Limited)
HUDCO Bonds (Housing and Urban Development Corporation Limited)
LIC Infrastructure Bonds (when issued)
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