Irfc ltd tax free
WebDec 5, 2015 · IRFC is Govt of India enterprise and it is safe to invest in such bonds. Attractive tax free returns up to 7.53% per annum for 15 years bond. If you are in a high tax bracket of 30%, your pre-tax return works out to be 10.9%. Currently banks … WebINDIAN RAILWAY FINANCE CORPORATION LTD. (A Government of India Enterprise) (CIN : l:65910DL1986G01026363) Regd. Office : Room Nos.1316 -1349, 3rd Floor, The Ashok, …
Irfc ltd tax free
Did you know?
WebMar 31, 2024 · There are 23 series of tax-free bonds issued by Indian Railway Finance Corporation Ltd (IRFC) traded in the exchanges. IRFC is the dedicated market borrowing … WebFeb 7, 2024 · Giving a major relief to the Indian Railway Finance Corporation (IRFC), the dedicated market borrowing arm of the railways, the ministry of corporate affairs has …
WebWebsite. 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. WebINDIAN RAILWAY FINANCE CORPORATION LTD. (A Government of India Enterprise) (CIN : l:65910DL1986G01026363) Regd. Office : Room Nos.1316 -1349, 3rd Floor, The Ashok, Diplomatic Enclave:-50-8, Chanakyapuri, New Delhi 110021 Phone : oil-241oo385, E-mail : [email protected], Website : www.irfc.nic.ih
WebJan 4, 2024 · Download IRFC (Indian Railways Finance Corporation Limited) 54EC Capital Gains Bonds Application Form Year 2024-21 for Tax Saving Bond with 5.75% Interest Rate and 5 years lock in Period and Maximum Rs. 50,00,000/- Investment. Call for investment on 9822403407 or visit www.sanriya.in, Issue Opens on and Closes on01.04.2024 and … WebApr 14, 2024 · April 14, 2024 · 5 views. IndusInd Bank NRE fixed deposit is a good investment option for NRIs and PIOs to earn high returns from income earned through foreign sources. Moreover, the principal and interest earned are tax-free and fully repatriable. IndusInd Bank NRE FD rates range from 7.00% to 7.75% p.a. for a period ranging from 1 to …
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 …
WebNov 29, 2024 · Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary … poly resin balcony chairsWeb- Trade Support Toll Free no : 1800 266 0050 (Select IVR option 1) Charged no : 022 68645400/ 022 50998100 (Select IVR option 1) Timings : 8:00 AM to 2:00 AM on … shannon arrum williamsWebOct 14, 2024 · Here are 4 tax free bonds that you might want to buy. IRFC N1 series The corporation offers an interest rate of 8 per cent every year in the month of Oct. The bonds will mature in the month... poly resin chaise loungeWebApr 13, 2024 · Welcome to Alliance Tax Experts Pvt Ltd, a leading firm of dedicated Tax accountants, company secretaries, and management experts based in India. Our vision is to provide world-class taxation ... shannon artistWebMay 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). poly resin bird housesWebIRFC – Public Issue of Tax Free Bonds A. K. Stockmart Pvt. Ltd. SALIENT FEATURES OF THE PROPOSED TAX FREE BONDS Issue size of Rs. 3,000 crore with an option to retain … poly researchWebThe borrowing programme of IRFC is guided by the requirements projected by Ministry of Railways. The company has successfully met the targeted borrowings year after year, through issue of both taxable and tax-free Bonds, term loans from banks/financial institutions and through off shore borrowings. IRFC also makes use of innovative financial … shannon arts