1. #1
    Unregistered

    Details about Infrastructure bonds in Section 80C for tax exemption?

    It was one of the option in the list of Section 80C things which was given as Infrastructure bonds. What does it mean? Can I also apply for it? Please guide me the right information for it as I donít have any other plans to go for.

  2. #2
    ealp Array
    Join Date
    Oct 2012
    Posts
    250

    Re: Details about Infrastructure bonds in Section 80C for tax exemption?

    Dear friend an tax payer has the right to avail Income Tax rebate under section 80c Rs.100000/- if the employee invest toward certain items which are proved by the company for example if you invest on HBL or you pay for tution fee/insurance premium and bond etc.But the limit is there an employee can enjoy tax rebate up to 100000/-.Now if you purchase Infrasteucture bonds you can enjoy an additional tax rebate ie more than Rs.100000/-PA.thus selling of bond attract's capital and investor get's satisfaction enjoying rebate.

    Thank you,

+ Reply to Thread

Similar Threads

  1. Replies: 1
    Last Post: 03-01-2013, 05:41 PM
  2. Can I claim tax exemption from the loan taken to build our new house?
    By Unregistered in forum Professional Discussions
    Replies: 5
    Last Post: 25-09-2012, 09:18 PM
  3. Replies: 3
    Last Post: 13-09-2012, 11:42 AM
  4. What is the tax exemption on the payment of education fees of children?
    By Unregistered in forum Professional Discussions
    Replies: 1
    Last Post: 14-08-2012, 09:18 PM
  5. Tax slab for government employees? How avail benefits under the section 80C?
    By Unregistered in forum Professional Discussions
    Replies: 2
    Last Post: 08-08-2012, 05:31 PM