Skip to main content

IDFC Infrastructure Bonds Tranche 1 Tax Saving Long Term Infrastructure Bonds 2011-12 Tax Benefit U/s 80CCF

IDFC Infrastructure Bonds Tranche 1

Tax Saving Long Term Infrastructure Bonds 2011-12

Tax Benefit U/s 80CCF

Closes on 16th Dec 2011

1] IDFC Infrastructure Bond Application Form
2] List of Banks to submit your IDFC Infra Bond Application Form

Company Profile: IDFC has been sponsored by the Government of India as a key institution to facilitate infrastructure development in the country. The focus areas for IDFC continue to be the Energy, Telecom, Industrial & Commercial Transportation sectors, although the company is also targeting the Healthcare, Education and urban Infrastructure sectors. IDFC also works with state and national level entities to formulate policies aimed at expediting infrastructure development in the country. Recently, IDFC has been classified as an infrastructure NBFC.

IDFC is a leading knowledge-driven financial services company in India and plays a central role in advancing infrastructure development in the country. IDFC is a one-stop-shop for all products and services across the infrastructure value chain. Established in 1997 as a private sector enterprise by a consortium of public and private investors, the Company listed its Equity Shares in India pursuant to an initial public offering in August 2005.

Financial Performance


IDFC has been Diversifying from infrastructure loan lending business to other sectors. These new sectors are expected to be the growth drivers in the future. The company has continued its strong growth during the FY 2010-11.

:- Balance sheet size:Rs.47,554 Crs.
:- Total Income: Rs.4,560 Crs.
:- Profit Before Tax Rs 1,730 Crs
:- Profit After Tax Rs.1,277 Crs.
:- Dividend:20%.

SUMMARY of ISSUE


Issuer Infrastructure Development Finance Company Ltd
Issue Opens on 21st Nov 2011
Issue Closes on 16th Dec 2011
Mode of Interest Payment / Redemption through ECS/At Par Cheques/Demand Drafts
Face Value per Tranche 1 Bond Rs.5,000/-
Issue Price per Tranche 1 Bond Rs. 5,000
Issuance Physical & Dematerialised mode
TDS No TDS on interest payment
Rating: "(ICRA)AAA" from ICRA, "Fitch AAA(ind)" from Fitch
Eligible Investors: Resident Indian Individuals and HUF through Karta
Tax Benefit: Benefits U/s 80CCF of the Income Tax, 1961 for Long Term Infrastructure Bonds
Listing: on NSE and BSE
Security: First pari passu floating charge over the Secured Assets and fixed specified immovable properties of the Company.
Options Series I Series II
Frequency of Interest Payment Annual Cumulative
Tenor 10 years 10 years
Face Value Rs./Bond Rs. 5,000/- Rs. 5,000/-
Coupon (% p.a.)/ Interest Rate 9% p.a. 9% p.a . (Compounding Annually)

Lock-in period from the deemed date of Allotment 5 years 5 years
Buyback Option(pre-mature withdrawal) Yes
At the end of Year 5 Rs.5,000/- Rs.7,695/-
Maturity Amount per Tranche 1 Bond, At the end of Year 10 Rs. 5,000/- Rs.11,840/-
The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers.
Bonds are on 1st come 1st serve basis.

Instruction:-

Attach following document along with the application form : -


1] PAN Card Photo Copy attested by you,
2] Address Proof photocopy attested by you.
3] One cancelled cheque/copy of cheque (for ECS)
4] Cheque / DD should be drawn in favour of "----------"
5] Issue closes on 16th Dec 2011.
6] Keep photocopy of application form for your record.
7] Before submitting the form, take unique Form No (serial No) from us.
8] Submit / deposit your Infra Bond application form in Listed/ Design Bank Branches.
9] To track your application form or status of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
10] The Acknowledgement copy will suffice your taxation purpose.
11] The actual bond certificate will be send by post within 8-12 weeks time form date of allotment.
12] Free Home Service is available in Pune Area.(Min Investment Rs. 20,000/-)
 
 

Download Section 80CCF Tax Saving IDFC Infrastructure Bonds Application Form

 

http://www.docstoc.com/docs/105113341/IDFC-Long-Term-Infrastructure-Bond-Tranche-1-Application-Form

 

Download Section 80CCF Tax Saving L&T Infrastructure Bonds Application Form

 

http://www.slideshare.net/PrajnaCapital/lt-long-term-infrastructure-bond-tranche-1-application-form

 

Find a collection canter:

 

Collection canter near you

 

Popular posts from this blog

Stick to Good Fund Manager who Can Multiply Your Investment

A manager may be the difference between the best and worst funds. Here's how you can find the right one    Does a mutual fund manager make a difference to your investment? The answer may not be as easy as you think, since most best-performing mutual funds have moved away from individualistic fund management to process-driven methods, limiting the scope of an individual's role in investment decisions. In fact, many fund managers would speak at length about how the "system" their fund house has in place makes their task of picking stocks easy even though it restricts their freedom. Still, the question is important, especially after recent reports that the Securities and Exchange Board of India ( Sebi ) may ask fund managers to disclose to investors their track record of managing money. Let us take a look at the universe of large-cap funds over the past five years. According to Value Research, an independent mutual fund tracking firm, the topper in the category is DSP...
Read more

Tata Fixed Income Portfolio Fund dividend

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)       Tata Mutual Fund has announced dividend under the dividend option of Tata Fixed Income Portfolio Scheme B2 Plan A-DQ, Tata Fixed Income Portfolio Scheme B2 Reg-DQ and Tata Fixed Income Portfolio Scheme B2 Direct-DQ. The record date has been fixed as August 29, 2013. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- 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 Onlin...
Read more

NRIs and direct taxes code (DTC)

DTC Proposes To Do Away With Special Provision That Allows NRIs Liberalised Duration Of Stay In Country      THE new direct taxes code could bring a large number of global Indians under the tax net, as it does away with a provision that allowed individuals to escape tax in any country citing double tax avoidance.    The new legislation, introduced in Parliament on Monday, says an individual shall be a resident of India in any financial year if he is in the country for more than 59 days in that year, and has been has been India for more 365 days in four preceding financial years. A number of Indian industrialists including Vedanta's Anil Agarwal and Essar's Ravi Ruia have acquired non-resident status over the years.    The DTC has only attempted to clean up the provision in line with the laws globally. A phrase "being outside India" in the existing income tax law exempted individuals who stay outside the country for six months from paying taxes. This was prone ...
Read more

How to gauge the risk profile of your mutual fund portfolio?

MUTUAL funds are considered to be an investment option for those who do not generally devote a lot of time to monitoring and managing their portfolios. Investors experience both good as well as tough times as far as mutual fund investments are concerned. But while evaluating the portfolio of their equity mutual fund holdings there are a few points that one should check to know about the level of risk that they are facing. Often there are situations where there is a higher risk than what was estimated initially. Here are a few ways to evaluate various risk levels. Individual holding exposure : The portfolio of the equity fund where one has invested or plans to invest needs to be scrutinised to see whether the risk levels are such that could lead to a larger volatility in the holdings. Depending upon this factor and the risk taking ability of the investor the choice about a particular fund as an investment should be made. One key point to watch out is whether there is a large ex...
Read more

Health insurance guide - Part I

Insurance, by definition, is morbid. What if I die suddenly? What if my home caught fire? What if I had to undergo expensive medical treatment? What if something that I thought happened only to others befell me? Insurers, who work with large samples, calculate the probability of such an event and, hence, the possibility of them having to pay out a sum of money to mitigate, to the extent possible, the effects of that disaster. However, the possibility of you undergoing some kind of expensive medical treatment during your lifetime is far more likely than you dying suddenly or your house burning down. Given that costs at private healthcare facilities, where you are most likely to land up, is high, and, doubling every four years 10 months or so, the rest of your money life could easily go out of whack if you had to incur such expenses. Just 12 per cent of India's population is covered with some sort of health insurance. Pared to the bone, for a comparatively small price, health insu...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now