POSTED BY February 4, 2011 2:01 pm ONE COMMENT
ONIs IDFC bond a good option for saving on Income tax over the limit of 80c. The money would be locked for 5 years so how should we compare the returns on infra bond and other funds if we had not invested in IDFC and paid the income tax under differnet slabs?
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Bhavna – There is a discussion on this from last year.
http://www.onemint.com/2010/10/30/how-do-the-issuers-calculate-yield-for-tax-saving-bonds/