Save Tax With Invest In Infrastructure Bonds

As a new option for investment in infrastructure bonds unfolded. Investors by investing in infrastructure bonds with tax exemption - assured return of 8 per cent could get together.

Income tax under Section 80CCF infrastructure bonds up to Rs 20,000 in the first year of the investment may be tax exempt. Infrastructure bonds 5-year lock - in period is. Infrastructure bonds of 10 years, but investors can sell the bonds after 5 years.

1.6 to 5 lakh in infrastructure bonds investors with income tax exemption can carry a maximum of Rs 2060, Rs 4,120 on an investment of Rs 5-8 lakh can get tax exemption. 6180 to Rs 8 lakh individual income tax take.

Direct Tax Code applicable after the Reserve Bank bonds, infrastructure bonds on the maturity amount is tax free. The amount of input tax to be levied on income.