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IRFCL Tax Free Bonds: High on safety with good tax free returns

The Indian Railway Finance Corporation (IRFCL) Tax Free Bonds opens today. The size of the issue is Rs 1500 crores, which makes it a lot bigger than the recent bond offerings from other corporations. These bond are extremely safe, since ...

IIFCL Tax Free Bonds: A must subscribe for those in the high tax bracket

If you are in the 20 per cent and 30 per cent tax bracket, it makes sense to subscribe to the India Infrastructure Finance Company (IIFCL) Tax Free bonds offer. The highest coupon rate for 20 years is 8.75 per ...

Low coupon rates makes IIFCL tax free bonds un attractive

India Infrastructure Finance Company (IIFCL) has come up with tax free bonds in order to provide long term financial assistance to infrastructure projects in various sectors. The company is wholly owned by government of India. The tax free bonds issue ...