Irfc ltd tax free
WebMay 13, 2024 · Even if a fixed deposit offers 7% interest, what you get post-tax in the 31.4% or 42.7% tax slab would be 4.8% and 4.1% respectively. That is much lower than the 5%+ yields in tax-free bonds. Note that the coupon rates and yields are different. Coupon rate is the interest paid on the face value of the bond (Rs 1000). WebIndian Railway Finance Corporation (IRFC) is an Indian public sector undertaking engaged in raising financial resources for expansion and running through capital markets and other …
Irfc ltd tax free
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WebFeb 27, 2014 · IRFC is issuing Tranche II of Tax Free Bonds from 28 Feb 2014 to 07 Mar 2014. Key Features of the issue are as follows :-Indian Railway Finance Corporation Ltd is …
Web3 minutes ago · Top 5 locally brewed beers in Toronto for spring The owners of Steadfast Brewing Co. share their picks — including fruity, yeasty, hoppy, and funky beers. WebJan 16, 2013 · IRFC Tax Free Bonds Issue (with a Base Issue Size of Rs. 1,000 Cr. with an option to retain over subscription upto the Shelf Limit i.e. Rs. 8,886.40Cr) opens on 21st …
WebJun 11, 2024 · Tax-free bonds suit investors in the highest tax slab paying 30 percent tax on taxable investments such as bank fixed deposits. For someone paying tax at the highest rate invests in a 6.5... WebNov 5, 2024 · The amount is invested in specified capital gain bonds of Rural Electrification Corporation (REC), National Highway Authority of India (NHAI), Power Finance Corporation Limited (PFC) or Indian Railway Finance Corporation Limited (IRFC) The maximum limit under the section is Rs. 50 lakhs. To conclude, the maximum investment amount cannot …
WebDec 5, 2015 · IRFC (Indian Railways Finance Corporation) tax-free bonds issue is out. The issue opens on December 8, 2015 and closes on December 21, 2015. The issue size is Rs …
WebAug 13, 2024 · IRFC Tax Free Bonds is the latest issue which is going to be open for subscription from 8th December 2015 to 21st December 2015. During the last few months, NTPC (National Thermal Power Corp), PFC(Power Finance Corporation) and REC (Rural Electrification Corp) have come up with Tax Free Bond issues. All these issues were … openroads import excel tableWebDec 3, 2015 · Indian Railway Finance Corp Ltd (IRFC) is coming out with its tax free, Secured, Redeemable, NON-CONVERTIBLE BONDS OF FACE VALUE OF Rs. 1,000 EACH IN THE NATURE OF DEBENTURES HAVING TAX BENEFITS UNDER SECTION 10 (15) (iv) (h) OF THE INCOME TAX ACT, 1961, AS AMENDED, ('BONDS') FOR AN AMOUNT OF Rs. 1000 crore … ipad sun shieldWebIndependent Directors Familiarization Programme. TDS Certificate. Bond Investors. Newspaper Publications. Company Secretary & Compliance Officer. Registrar & Transfer … ipad sunstorm interactiveWebWebsite. irfc .co .in. Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [4] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [5] The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control. openroads keypoint snap divisorWebApr 12, 2024 · New Delhi: The doubling of smartphone exports to over $11 billion in FY2024 shows India is well on its way to become a leader in the global mobile phone market, said communications minister Ashwini Vaishnaw. “With the doubling of exports of smartphones to more than $11 billion, India is well on its way to become a leader in the mobile device … open road shantung vented straw western hatWebIRFC: Indian Railway Finance Corporation Ltd: IRFC: Indian Railways Fan Club (India) IRFC: Iterative Relative Fuzzy Connectedness (algorithm) IRFC: International Rail Freight … open roads media llcWeb2 days ago · accumulate and hold irfc with a shortterm target of rs.30-32.5 - my target for indian railway is rs 30 for the short term with a stoploss of rs 30 Repost Cancel You will … open road snacks businessweek