Infra Bonds in India 2011 - 12

Infra bonds prove to be a good way to save tax u/s 80 CCF.

Benefits: By investing in these bonds, you can get a deduction of Rs 20,000 over and above the Rs 1 lakh that is generally allowed. (u/s 80 CCF)

Returns: Most of these bonds provide with 9% annual interest. Offered in both cumulative and non-cumulative mode. (Source)

Currently open Infra Bonds:

• SREI infrastructure bond 80 CCF
• REC 80 CCF infrastructure bonds 2011-12

Other Tax saving issues currently open.

• NHAI Tax Free Bonds 2011-12
• PFC Tax Free Bonds 2011-12

One can always be updated with 80ccf infrastructure bonds 2012 on Investologic.com