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Infrastructure bond

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 January 2011 Is Investing in Infrastructure bond a good strategy considering the low returns it provides and the lock in period is also more..
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
18 January 2011 YOU WILL GET EXTRA DEDUCTION UPTO Rs.20000 U/S 80CCF.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
18 January 2011 Individual with 20-30 % tax bracket : Yes.. its a good option.

But for 10 % tax bracket holders.... Its not a good option. You can rather invest the same amount in some other option to get returns higher than the actual tax saved...
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