April 14, 2011 2:50 pm
infrastucture bonds is a tool for save extra 20000 tax u/s 80ccf.
Dear Nikhil, As on date no Bonds are available. In near future as & when these are launched, you ‘ll come to know from the Newspapers as well as websites just like here.
Ramesh & Ashal,
Are there any current Infratsructure bonds available in market now ?
Dear Ashish, To be precise what dear Ramesh has said above – The Tax saving ‘ll be
30.9% Tax slab – 6180 Rs.
20.6% – 4120 Rs.
10.3% – 2060 Rs.
This is he actual saving for the investment of 20K Rs. in the Infra bonds. As the maturity amount is same for all the 3 tax slabs so in that sense – Infra bonds are most beneficial for 30.9% slab & least for 10.3% slab.
its wrong to say that they save 20k.
it depends upon your tax-slab.
if you are in the uppermost slab of 30%, you only save 30% of 20k=6000. and not more than that.
for lower slab rates, the saving decreases correspondingly.
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