Source:Business Standard - Multilateral funding agency ADB, in partnership with IIFCL, will provide a facility that would help infrastructure bond issuers to enhance their credit ratings and attract investments from insurance firms and pension funds. Under the $128 million (Rs 716.8 crore) facility
1.05 PM Sep 22nd 2012
Dear Deepak_sh12644, Section 80CCF was introduced to get tax benefit on any investments made in long-term infrastructure bonds as notified by the central government. Investments made upto Rs 20000/- were eligible for tax deduction and Rs 20000/- tax benefit was over and above 1 Lac tax benefit
10.56 PM Aug 28th 2012
Dear Guest, You can refer to the following link - http://t.in.com/9re2 In the above link Infrastructure bonds have been mentioned in section 80C, however they have been discontinued for FY 2012-13 and do not enjoy any tax benefits. Regards - Kapil
12.59 PM Aug 18th 2012
with children. I would trust her far more than Amma, Maya, Mamta. If I declare tax amnesty I will allow the evaders to pay normal tax at the highest flat rates and keep the rest in maximum three years infrastructure bonds at usual rate of interest and then let them take it home, no questions asked. No further
10.26 PM Aug 3rd 2012
the quarter. The company has further headroom to raise funds upto $50 mn through ECB in the coming quarters. During Q4 FY12, the company has raised Rs1596.0 mn by way of long term tax saving secured Infrastructure Bonds. The management expects share of bank borrowing to come down going forward to ~20.0% by FY
2.40 PM Jul 16th 2012
Mecklai Graph of the day: The yield 10-year G-Sec is currently trading at 8.16%. Market is keenly awaiting a FII debt limit auction of $5 billion (G-sec) and $7 bn in corporate and infrastructure bonds (totaling to Rs. 60, 000 crores) to be held on July 4, 2012.
4.41 PM Jul 3rd 2012
As not much is expected from the European Union summit, it will instill confidence in the market if it manages to deliver. The summit is expected to result in a stimulus package of some 130 billion euros in infrastructure bonds, regional aid funds and European Investment Bank loans.
2.38 PM Jun 27th 2012
Though not much is expected from the European Union Summit, it will instill confidence in the market if it manages to deliver. The summit is expected to result in a stimulus package of some 130 billion euros in infrastructure bonds, regional aid funds and European Investment Bank loans.
10.05 AM Jun 27th 2012
with the person`s income and will be taxed as per the taxation bracket in which the person falls. For the Financial Year April-2011 to Mar-2012, investments made in infrastructure bonds upto Rs 20000/- enjoyed tax exemption u/s 80CCF. The Rs 20000/- was over and above Rs 1,00,000/- u/s 80C. So if a peson who
9.56 PM Jun 26th 2012
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