March 7, 2011 6:54 pm
Kindly let me know what options are available right now to invest in long term infra bonds (Eligible for tax exemption u/s 80CCF).
I invested in LnT bonds but have been rejected due to over subscription.
are infra bonds a good option?
If you want a risk free yearly income . then its an option
You can apply for PFC infra bond issue. Its opened on February 24th 2011, and will close on the March 22nd 2011.
L&T rejected your application, that’s news for me. I don’t think there was any ceiling.
You can try IDFC or IFCI infra bonds. Pls. check if their issue is still open.
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