Should you invest in REC's Long-term Infrastructure Bonds?

In the Union Budget 2010, the Government provided an additional income tax benefit of 20,000 under section 80CCF of the Income Tax Act, 1961 for investments made in long-term infrastructure bonds (as notified by the Central Government). This move was intended to provide a fillip to infrastructure finance and provide an opportunity to individual tax payers to reduce their tax liability.

 

Read More:

Should you invest in REC's Long-term Infrastructure Bonds

Replies (1)

Why nt..i mean look at the company's track record first............also inflation risk should b taken in to ac...........PLZ DNT INVEST FOR LAST MIN TAXPLANNING     

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register