L&T Infra Long Term Tax Saving Bonds

L&T Infra Long Term Tax Saving Bonds

L&T introduces the long term infrastructure Bonds. The main advantage of these bonds is that apart from the Section 80C, you can save tax up to Rs.20,000 by investing in this bonds under section 80 CCF.

Infrastructure is a key element for every nation. And it is for India too. So Invest in infrastructure and grow your savings now.

Tax Benefits

In addition to interest, you get tax deductions of up to Rs. 20,000 by investing in these bonds, under Section 80 CCF of the Income Tax Act.
The bonds provide you an interest rate of 7.5% to 7.75% over its tenure of 10 years. This interest can either be paid to you every year, or can be compounded over the period of your tenure.

If you want to invest to save more in taxes than these bonds are the good bonds. L&T is also a good and reputed infrastructure company of India. And that’s why you can invest in these bonds hassle free.