Good News for all individual tax payers !!! Even if you have exhausted limit of Rs. 1 lac under section 80C, you can still save tax. Government has given new avenue to save tax u/s 80CCF. You can avail this exemption by investing only in infrasture Bonds. Currently IDFC issue is on. The amount of bonds that can be issued u/s 80CCF is limited. It is advisable to act now.........
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Exhausted 80 C Limit?? Use 80 CCF for tax saving
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The limit of this Section is Rs. 20000/-
;)
L&T has also come out long term bond issue
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