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

Knowledge resource 476 views 1 replies

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     


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register