Opportunity Gate-crashes!..

Sundaram Tax Saver Online

2012-02-01T18:32:00.001+05:30

Invest in Tax Saving Mutual Funds from Sundaram ( Sundaram ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Sundaram Tax Saving Mutual Funds Online

Sundaram Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Sundaram Tax Saving Mutual Fund Application Forms from all AMCs

Download Sundaram Tax Saving Mutual Fund Application Forms

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

ELSS Fund

2012-02-01T17:05:00.001+05:30

ELSS Stands for Equity Linked Savings Scheme.

ELSS Fund are mutual funds with 3 years of lock in period and offer income tax benefit under section 80C. They are open ended to purchase. Not all Mutual fund Investments are eligible for tax exception.

List of Tax Saving Mutual Funds

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

IDFC Infrastructure Bond

2012-02-01T14:14:00.001+05:30

Invest in IDFC Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100.

These long term infrastructure bonds offer an additional window of tax deduction of investments up to 20,000 for the financial year 2011-12. This deduction is over and above the 1 lakh deduction available under sections 80C, 80CCC and 80CCD read with section 80CCE of the Income Tax Act.

Download IDFC Infra Bond Application form below.

IDFC Infra Bond Application form

Submit filled up application Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Best ELSS Funds

2012-02-01T12:53:00.001+05:30

ELSS Stands for Equity Linked Savings Scheme.

List of Tax Saving Mutual Funds

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Tata Mid Cap Fund and Tata Capital Builder Fund are Merged with Tata Growth Fund

2012-02-01T11:04:00.001+05:30

Tata Mutual Fund has announced the merger of Tata Mid Cap & Tata Capital Builder Fund with Tata Growth Fund effective from February 24, 2012. After the merger, the investment focus of Tata Growth Fund will be towards mid cap stocks.

Investors may exit the fund without paying any exit load till February 24, 2012.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Indian Railway Finance Corporation Tax Free Bond

2012-02-01T08:15:00.001+05:30

Download IRFC Tax Free Bond Application Forms

Current open Infra Bond Application form

Buy Tax Saving Mutual Funds Online

Brief Introduction of the company

Ø  Financing arm of the Indian Railways, notified as a Public Financial Institution under Section 4A of the Companies Act, 1956.

Ø  Registered as a NBFC-ND-IFC (Infrastructure Finance Company) with Reserve Bank of India. 100% shareholding held by Government of India. Consistently profit making Public Sector Undertaking. Consistently rated 'AAA' by CRISIL, ICRA and CARE

Ø  Impeccable track record of funding rolling stock asset creation worth Rs. 60,163 crore (5,060 locomotives, 32,115 passenger coaches and 1,39,659 freight cars) for Indian Railways so far, besides providing funding support of Rs. 2,294 crore to other Railway entities such as Rail Vikas Nigam Ltd., Rail Tel Corporation of India Ltd. Etc

Ø  Networth as on September 30, 2011 is Rs 4487.49 crores. Net Profit after Tax as on September 30, 2011 is 201.52 crores and it stood at Rs.485.20 crores for year ended March 31, 2011 compared to Rs 442.69 crore in March 31, 2010.

Issue details:

Issuer	Indian Railway Finance Corporation Limited
Issue of Bonds	Secured, Redeemable, Non-Convertible bonds in the nature of debentures, having benefits under section 10(15)(iv)(h) of the Income Tax Act, 1961
Issue Size	Rs 3,000 crores with an option to retain oversubscription up to ` 6,300 crores (Shelf-limit)
Issue Open Date	27th January, 2012
Issue Closing Date	10th February, 2012
Face Value (Rs.)	` 1,000 per Bond
Minimum Application	` 10000 (10 Bonds) & in multiples of ` 5000 (5 Bonds)
Tenor/Redemption Date	10 Years and 15 Years from the deemed date of allotment
Ratings	"CRISIL AAA/Stable" by CRISIL, "CARE AAA" by CARE & "ICRA AAA" by ICRA
Security	Charge on the movable assets comprising of rolling stock such as wagons, locomotives and coaches by way of first/ pari passu charge, present and future, as may be agreed between IRFC and the Trustee, pursuant to the terms of the Debenture Trust Deed
Trading	Compulsorily in dematerialized form
Issuance	In dematerialized form as well as physical form, at the option of Applicants.
Lead Managers	A. K. Capital Services Ltd., SBI Capital Markets Ltd. & ICICI Securities Ltd.
Depository	National Securities Depository Ltd. and Central Depository Services (India) Ltd
Trustee	Indian Bank
Allocation	Category I (QIB+ Corporate)- up to 45% Category II (Individual above 5 Lakhs)- up to 25% Category III (Individual below 5 Lakhs)- up to 30%
Listing	Proposed to be listed on BSE & NSE
Interest on Application Money used towards allotment of bonds	@ 8.00% p.a. on the amount for which Bonds are allotted to the Applicants subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of banking of the application (being the date of submission of each application as duly acknowledged by the Bankers to the Issue) whichever is later, upto one day prior to the Deemed Date of Allotment
Interest on Application Money which is liable to be refunded	@ 4.00% p.a. on application money that is liable to be refunded to the Applicants in accordance with the provisions of the SEBI Debt Regulations, or other applicable statutory and/or regulatory requirements, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later, upto one day prior to the Deemed Date of Allotment. Provided that IRFC shall not be liable to pay any interest on monies liable to be refunded in case of (a) invalid applications or applications liable to be rejected, and/or (b) applications which are withdrawn by the applicant.

Issue Closing date - 10 Feb 2012

The bonds will be listed on the BSE.

Options	I	II
Tenor	10 Years	15 Years
Face Value(Rs./Bond)	`1,000.00	`1,000.00
Minimum Application Size	` 10000 or 10 Bonds	` 10000 or 10 Bonds
In Multiples of	` 5000 or 5 Bonds	` 5000 or 5 Bonds
Coupon Rate (%)p.a.
Retail (Category III)	8.15%*	8.30%*
Others (Category I & II)	8.00%	8.10%
Interest Payment	Annually	Annually
Interest Payment Date	October 15, every year	October 15, every year
Redemption Date	10 Years from the Deemed Date of Allotment	15 Years from the Deemed Date of Allotment
Maturity Amount	Face Value + Interest Accrued at the Redemption Date	Face Value + Interest Accrued at the Redemption Date

Highlights of Tax Benefits

Ø The income by way of interest on these Bonds is fully exempt from Income Tax and shall not form part of Total Income as per provisions under section 10 (15) (iv) (h) of IT Act.

Ø There will be no deduction of tax at source from the interest, which accrues to the bondholders on these bonds irrespective of the amount of the interest or the status of the investors.

Ø Wealth Tax is not levied on investment in Bonds under section 2(ea) of the Wealth-tax Act, 1957.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Download HUDCO Tax Free Bond Application Form

2012-01-31T22:36:00.001+05:30

How to apply for HUDCO Bonds ?

HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Tax Saving Investment

2012-01-31T22:28:00.001+05:30

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Principal Emerging Bluechip Fund - Change in Fundamental Attribute

2012-01-31T21:59:00.001+05:30

Principal Mutual Fund has revised the definition of small cap stocks for Principal Emerging Bluechip Fund. Now, the small cap stocks will be identified as bottom five stocks of CNX Midcap Index in respect of market capitalization on the last trading day of the preceding calendar quarter. Then, the average market cap for the last five trading days will be computed. Therefore, the market cap of a small cap stock should be less than the average market cap computed above

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

ELSS Mutual Funds 2012 Online Invest

2012-01-31T21:18:00.001+05:30

ELSS Stands for Equity Linked Savings Scheme.

List of Tax Saving Mutual Funds

Infra Bonds

2012-01-31T20:57:00.001+05:30

Invest in Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100 and with some of them earn returns in excess of 9% over long period of time 10 to 15 years.

Download Infra Bond Application form below.

Current open Infra Bond Application form

Submit filled up application Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Hudco will raise Rs 5,850 cr through tax free bonds

2012-01-31T20:49:00.000+05:30

Current open Infra Bond Application form

Buy Tax Saving Mutual Funds Online

Housing and Urban Development Corp (Hudco), the state-run techno- financial institution catering to housing and urban infrastructure requirements, may be allowed to issue tax-free bonds for funding core infrastructure projects. It may need to raise Rs 5,850 crore over the next seven years to fund the projects.

A high-powered committee headed by former finance secretary Ashok Jha to rejuvenate Hudco has recommended that the government-owned enterprise should be permitted to raise funds under the purview of municipal tax-free bonds.

This will enable Hudco to sanction more loans for housing and core infrastructure projects. The government is considering the recommendations and an appropriate decision will be taken soon.

At present, municipal bonds are raised only by urban local bodies for capital investment in setting up of urban infrastructure projects in areas such as urban transport, roads, bridges, portable water supply, sanitation and solid waste management.

The committee said the government has already provided for a significant tax waiver under this scheme, which has not been availed fully by urban local bodies, "and thus the projected amount of bond

issues remains unutilised". Hudco is expected to utilise the funds more efficiently compared to local bodies, where the money mostly lies idle as it is raised upfront, while the requirement for projects is in stages. Local bodies will be able to avail loans from Hudco as and when required, depending upon the progress of the project.

The bonds are likely to be at a coupon rate of 8.25 per cent, which will result in savings of Rs 512 crore over seven years, assuming

bonds will be redeemed in equal installments. This will enable Hudco to reduce the cost of funds for the sector and reduce the negative net interest margin of Rs 1,176 crore over the next seven years.

The panel has also suggested that Hudco should be allowed to raise cheaper funds by issuing 54 (EC) bonds, which are marketed at 7.5 per cent, compared with Hudco's present borrowing cost of 12 per cent.

Permission to issue these bonds may result in savings of Rs 608 crore in three years and address the asset-liability mismatch.

The committee said that Hudco should be regulated by the Reserve Bank of India and not by National Housing Bank (its present regulator) because its portfolio comprises 65 per cent of infrastructure projects and only 35 per cent of housing projects. It has also supported restoration of equity support of Rs 100 crore per year to Hudco, which was discontinued in 2004 after the enterprise got 'miniratna' status.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

What is ELSS ?

2012-01-31T19:35:00.001+05:30

ELSS Stands for Equity Linked Savings Scheme.

List of Tax Saving Mutual Funds

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Invest Reliance Tax Saver Online

2012-01-31T18:45:00.001+05:30

Invest in Tax Saving Mutual Fund from Reliance ( Reliance ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Reliance Tax Saving Mutual Funds Online

Reliance Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Reliance Tax Saving Mutual Fund Application Forms from all AMCs

Download Reliance Tax Saving Mutual Fund Application Forms

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Pension and Insurance for NRIs - Pension and Life Insurance Fund

2012-01-31T16:41:00.001+05:30

Current open Infra Bond Application form

Buy Tax Saving Mutual Funds Online

Recently, the government announced a new pension and life insurance scheme for NRIs. The scheme allows over five million workers, especially those working in West Asia, to save money for the future. The scheme is called Pension and Life Insurance Fund (PLIF).

The scheme encourages overseas workers to voluntarily save money for their return and resettlement in their later years. The scheme will also provide a low-cost life insurance cover against natural death. This scheme fulfils a long pending demand of those working abroad. Under the scheme, the government will contribute Rs 1,000 per annum for all subscribers who contribute between Rs 1,000 and Rs 12,000 per year. Women working overseas will get a special additional contribution of Rs 1,000 a year from the Ministry of Overseas India Affairs (MOIA).

The scheme will be of great help to those working in 'emigration check required' countries. According to the government, around 20 percent of overseas workers in these countries are women. They are vulnerable to uncertainty due to lower income, a shorter working age and periodic interruptions in employment due to family responsibilities. This fund will be used to contribute partly to a pension and insurance cover for these workers.

A special 'returns and resettlement contribution' of Rs 1,000 by the MOIA will also be given to those working overseas who contribute Rs 4,000 per annum towards the Returns and Resettlement Scheme. This scheme will provide social security cover to those working overseas.

These workers have been excluded from access to formal social security and retirement savings schemes available to residents of the 'emigration check required' countries. They are similarly excluded from pension and social security schemes available to formal and informal sectors' workers in India.

The scheme is expected to benefit over five million unskilled and semi-skilled workers employed overseas on temporary contract visas. The new scheme is entirely voluntary. It is only for those who want to take it.

Workers will be required to contribute partly for their pension and insurance cover. Only those workers who take proper immigration clearance before going abroad will be covered under the scheme. The scheme provides an opportunity to workers who don't get a high salary to accumulate savings for a resettlement when they return to India. It also provides life insurance cover for a specified period in case of natural death.

This will provide the much-needed social security cover for those working overseas, and not covered under any kind of social security schemes. On returning to India, they will have a fixed source of income by way of pension as well as insurance to cover their urgent needs. Being a contributory scheme, they will be encouraged to save and participate in it.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Download HUDCO Tax Free Bond Form

2012-01-31T16:10:00.001+05:30

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

IRFC Bonds

2012-01-31T15:59:00.001+05:30

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

FT India Feeder US Opportunities Fund

2012-01-31T15:13:00.001+05:30

Current open Infra Bond Application form

Buy Tax Saving Mutual Funds Online

With the US economy beginning to improve, fund houses are looking to tap the potential of its stock markets. Franklin Templeton India's new fund offering (NFO) — FT India Feeder US Opportunities Fund — is an open-ended feeder fund that will invest in Luxembourg's Franklin US Opportunities Fund. This fund is targeting investors looking to diversify portfolios in foreign markets. The parent fund invests in US-based companies across sectors.

The timing of the launch is quite correct, as US markets, in the past one year, have performed better than Indian ones. The Dow Jones index gained 5.5 per cent in the last one year and the Nasdaq was up 2.2 per cent. In comparison, the Bombay Stock Exchanges Sensitive Index or Sensex lost 7.76 per cent year on-year.

However, over the long run, US markets have not outperformed India. In the last three and five years, the Sensex has returned, respectively, 24.16 and 3.83 per cent, annually. In comparison, Nasdaq has returned 23.24 and 2.95 per cent and the Dow Jones index 15.28 per cent and 0.28 per cent, respectively, in the same periods.

This is the second international feeder fund investing in the US. Motilal Oswal AMC launched a Nasdaq exchange traded fund (ETF) last year. It has returned 15.14 per cent in the last six months. The Franklin US Opportunities Fund has returned 15.08 per cent in the past year.

The fund helps achieve diversification through exposure to high quality US companies trading at attractive valuations. Adding an international fund to the portfolio can help reduce the potential risk over the medium- to longterm. The fund will get listed at the stock exchanges on February 14.

Some companies this fund invests in include marquee firms like Apple Inc, MasterCard, Google and Blackrock. About 16 per cent is put in software and services sector, 14 per cent in technology hardware, 12 per cent in energy and 10 per cent in capital goods. Other sectors are pharma, food and beverages and retailing.

This fund should not form more than five per cent of your equity portfolio. The companies comprising the fund portfolio generate more than 50 per cent of their revenues from non-US countries, making them less prone to the economic conditions in the US, he adds.

But remember, in spite of investing in equities, the tax on feeder funds is calculated like that for debt funds. Long term capital gains tax is calculated at 10 per cent with indexation and 20 per cent without it. In the short term, capital gains will be added to your income and taxed according to slab.

This is not a product meant for retail investors. It is for those aware of global markets like high net worth individuals. Retail investors do not understand how this works. The NFO opened on January 17 and will close on January 31.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

How to apply to HUDCO Bonds ?

2012-01-31T14:55:00.001+05:30

How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

What is National Electronic Funds Transfer ( NEFT ) ?

2012-01-31T14:06:00.001+05:30

The National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this scheme, individuals, firms and corporates can transfer funds from any bank to an individual, firm or corporate having an account with any other bank in the country. NEFT is still not being used on a large scale. Increased use of NEFT is expected to bring down the chances of fraud too.

NEFT offers many advantages over the other modes of funds transfer:

The remitter need not send a cheque or demand draft to the beneficiary
The beneficiary need not visit his bank to deposit the paper instrument
The beneficiary need not be apprehensive of loss or theft of the instrument or the likelihood of fraudulent encashment

Ø It is cost effective

Ø There is a credit confirmation of remittance sent by SMS or email

Ø The remitter can initiate the remittance from his home or place of work using Internet banking

Ø There is hardly any time taken to transfer funds to the beneficiary account in a secure manner

With the gaining popularity of Internet banking, transfer of funds through NEFT is also becoming popular. In case of NEFT, the transferor can transfer the funds to the account of the payee electronically, without visiting the bank or issuing a cheque. The mode is fast, convenient, and cost effective. It saves the time and effort of both the payer and payee.

However, there have been a few issues in the process. The Reserve Bank of India (RBI) has been trying to ease out the problems. Taking note of some banks not following rules of sending confirmations of payments made through NEFT, the RBI has directed lenders to put in place a system to issue the receipts. It has asked banks to generate confirmations of NEFT payments. All banks need to have systems to ensure a confirmation is sent to the originator (sender). Such confirmation messages should be sent as soon as the beneficiary account is credited. It should be sent before the end of the day under any circumstances.

According to the RBI, in case of a large number of banks, the percentage of positive confirmations sent vis-a-vis the inward messages received was lower than 10 percent. Positive confirmation is a unique feature of NEFT and has played a major role in popularising the system among users. Not adhering to instructions in this regard will undermine the customer service efficiency of the system.

In addition, the RBI has directed banks to adhere to norms under which they have to pay a penalty in case of a delay in crediting funds sent through the NEFT system to the beneficiary account or in returning the uncredited amount to the remitter. Banks are required to pay a penal interest at the current RBI LAF repo rate plus two percent for the period of delay or till the date of refund to the affected customers.

These measures were instituted with the objective of enhancing customer service and efficiency parameters of the system in view of the large scale growth in electronic payment transactions.

Further, banks are required to establish dedicated customer facilitation centres (CFCs) to handle customer queries and complaints regarding NEFT transactions. The contacts details of CFCs are available on websites of banks as well as the website of the RBI for easy availability to the customers. CFCs are to be the first point of contact for aggrieved customers. Banks need to keep the contact details of their CFCs updated at all times and also advise changes to the RBI. Banks also need to ensure that calls made and emails sent to CFCs are promptly attended to.

These measures are meant to make NEFT more popular among people.

ELSS Tax Saver

2012-01-31T13:16:00.001+05:30

ELSS Stands for Equity Linked Savings Scheme.

List of Tax Saving Mutual Funds

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

IDFC Bond

2012-01-31T12:34:00.001+05:30

Download IDFC Infra Bond Application form below.

IDFC Infra Bond Application form

Submit filled up application Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Bonds and FDs are attractive for now

2012-01-31T11:42:00.001+05:30

Current open Infra Bond Application form

Buy Tax Saving Mutual Funds Online

Download IRFC Tax Free Bond Application Forms

Usually, risk-averse investors have limited options in the markets. And those available usually offer relatively lower rates of returns. This segment of investors generally includes the retired, senior citizens, and those who need a regular fixed income.

The current market volatility has increased the sphere of such investors. And most of those who previously used to swear by the stock markets are now opting for the fixed returns instruments.

So, what are the options for the risk-averse investor?

   The present-day market conditions offer some very good options that can be tapped by these investors. They will do well to invest in these instruments. These instruments ensure safety of capital as well as offer decent returns. In some cases, they also come with tax advantages. All of these are positive factors. The only issue is an investor may miss out on the opportunity of 'making it big' when the markets bounce back. However, considering the present market and economic conditions, both domestic and global, this may take some time. The markets seem set to take time to recover and regain their upward momentum. Till then, they will continue to remain volatile.

Tax-free bond

A popular option is the tax-free bond. Recently, tax free bonds were floated by the National Highways Authority of India (NHAI) and the Power Finance Corporation (PFC). The size of the NHAI bond issue was around Rs 10,000 crores, and it received subscriptions worth Rs 25,000 crores, while the PFC intended to raise Rs 4,033 crores and received subscriptions worth Rs 10,000 crores.

Fixed deposit

Time-tested and an all-time favourite is the fixed deposit (FD) with banks. The FDs are offering rates of around 9-10 percent for tenures up to five years. As the interest rates are expected to come down soon, you should lock into the fixed deposits at the present high rates of interest.

   These deposits are safe, liquid and easy to operate. You can break the deposit any time by paying a small penalty. The deposits can be opened with small amounts. There is no upper limit. You can open a deposit with any bank. It is to be noted that the interest earned on a FD is taxable.

Post office scheme

Another debt investment avenue is the post office scheme. These are managed by the post offices and are safe. Investors can invest in schemes meant for retiring employees. The investment limit is Rs 15 lakhs and the interest earned is 9 percent. The interest earned is taxable.

Other options

Apart from these, you can invest in monthly income schemes. You can also invest in the Public Provident Fund. The investment limit here is Rs 1 lakh. However, the tenure is 15 years, and it is not liquid. The principal and interest earned are tax-free.

Then there are the debt-based mutual funds. Debt funds invest in various government bonds, securities, corporate fixed deposits and debentures. Since the interest rates have gone up, debt-based mutual funds offer better returns. Liquid mutual funds are a good option for a short term, when you need to park some money for a short duration. On the other hand, if you are looking for higher returns go for balanced funds.

The bonds offered a good rate of interest of 8.2 percent for 10 years and 8.3 percent for the 15-year schemes. There was a reservation for individual investors. The NHAI and PFC bonds together were an attractive combination of high post-tax returns - close to 12.01 percent for those in the 30 percent tax bracket, with top credit rating and an opportunity to lock-in for long tenors. Further, as they would be listed on the stock exchanges, they offer liquidity too. As the interest rates are expected to come down in the near future, the value of these bonds is bound to increase. More such bonds may be floated by the government in the coming months.

Investors can lock in for longer tenures. With interest rates expected to fall soon, one should add long tenure bonds and long-term fixed deposits to the debt portfolio. These long-tenure bonds could give you the added benefit of capital appreciation. Bonds give you the twin advantage of interest rate plus capital appreciation. This is because they are listed and traded on the stock exchange, and therefore the price of a bond could move up or down depending on the interest rates. In case the interest rates fall, bond prices go up and you will benefit from capital appreciation.

The capital appreciation depends on the duration of the bond. Prices of long-tenure bonds rise more than short tenure ones. The higher the duration of the bond, the greater the capital appreciation.

Infrastructure bond

You can invest up to Rs 20,000 in these bonds and claim a tax deduction under Section 80CCF. If you are in the highest tax bracket, you can save as much as Rs 6,180 by investing in these bonds. The Rs 20,000 limit for investments in infrastructure bonds is in addition to the Rs 1 lakh tax deduction limit available under Section 80C.

You can choose an issuer of these bonds based on the credit rating, interest rates offered and the financial credentials of the company. The issues have tenures of 10 years and 15 years. There is a buy-back option at the end of five years from the date of allotment. Liquidity comes from listing on the stock exchanges once the mandatory lock-in period of five years is over.

The bonds provide annual and cumulative options of interest payment for both maturity tenures. There is no upper limit on the amount you can invest. The only downside in these bonds is that the interest is taxable and the tenure long, with a lock-in period.

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

IRFC Tax Free Bond Application Forms

2012-01-31T11:03:00.001+05:30

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Tax Saving Schemes

2012-01-31T08:35:00.001+05:30

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver
ICICI Prudential Tax Plan
DSP BlackRock Tax Saver Fund
Birla Sun Life Tax Relief '96
Reliance Tax Saver (ELSS) Fund
IDFC Tax Advantage (ELSS) Fund
SBI Magnum Tax Gain Scheme 1993
Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application Collection canter near you

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you