L&T's Long-term Infrastructure Bonds

#1
Indian Govt has provided an additional income tax benefit of Rs 20k for investments made in Long term Infrastructure Bonds.his move was intended to provide a fillip to infrastructure finance and provide an opportunity to individual tax payers to reduce their tax liability. L&T is offering these Long Term Infrastructure Bonds.
L&Ts long-term infrastructure bonds, appears enticing only from a tax planning perspective, as an investment upto 20,000 will be eligible for an additional Tax Benefit.


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L&T's Long-term Infrastructure Bonds
 
#2
Indian Govt has provided an additional income tax benefit of Rs 20k for investments made in Long term Infrastructure Bonds.his move was intended to provide a fillip to infrastructure finance and provide an opportunity to individual tax payers to reduce their tax liability. L&T is offering these Long Term Infrastructure Bonds.
L&Ts long-term infrastructure bonds, appears enticing only from a tax planning perspective, as an investment upto 20,000 will be eligible for an additional Tax Benefit.


Read More:
L&T's Long-term Infrastructure Bonds
Disadvantages
Long lock-in
tax at the time of maturity
So every one should think before investing
 

savkar

Well-Known Member
#4
Think this way. If you in the highest tax bracket then.
with a 20K investment you get returns of 1.5k (7.5% int rate) + 6K (tax saving) ... with a total saving of 7.5K. imagine risk free investment that no other MF/Stock will give. Ppl with highest tax bracket see a lockin of 20K per annum which is fine with them.

How can you beat that ?


Disadvantages
Long lock-in
tax at the time of maturity
So every one should think before investing
 

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