Please let me know about the IDFC Infrastructure Bonds are first tax free bonds. i have read on internet so please tell me shall i invest in this and how ? plese let me know am just an employee and also not under the tax braket.
15 October 2010
Investment in IDFC Infrastructure Bonds will be eligible for exemption u/s 80CCF upto Rs 20000/- in addition to deduction of Rs 100000/- u/s 80C. These are long term investments. Since you are not in tax bracket i will not suggest you to invest in these bonds.