Investing in Infrastructure bonds FY 2010 – 2011
As you know during FY 2010 – 2011 if you invest in long term infrastructure bonds you will get tax benefit. The limit of investment for tax benefit is Rs 20,000.
This Rs 20,000 is apart from the regular investments under section 8 0 ( c ). So after looking at this don’t make a quick decision to invest in these bonds to avail tax benefit. Consider your taxable income, other investment avenues, inflation etc before investing in it.
I have come across a good article and here giving the link for the readers. Please go through it and make decision whether to invest in these bonds or not.
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March 11, 2010 | Filed Under Income Tax
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