October 8, 2011
Public issue of long term infrastructure bonds by Power Finance Corporation
Public issue of long term infrastructure bonds by Power Finance Corporation. Investment upto a maximum of Rs.20,000 in these bonds is eligible for deduction u/s 80CCF of the Income Tax Act for the Financial Year 2010-11. An Individual or HUF can avail of this benefit in addition to the limit of Rs.1 Lakh u/s 80C.
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