VS Financial Advisors
Lasting Values, Binding Relationships
IIFCL – Tax-saving long-term infrastructure bonds under Section 80CCF of the I.T. Act
Feb 3rd
India Infrastructure Finance Company Ltd (IIFCL)
Company profile
IIFCL is a wholly-owned Government company providing financial assistance to long-term infrastructure projects. As on 30 Sept 2010; 105 of the 124 projects for which IIFCL has sanctioned finances. As on March 31, 2010 and September 30, 2010, it had no non-performing advances. The GoI has identified infrastructure development as a key priority and the Eleventh 5 Year Plan (FY 2008-2012) and envisage investments of US$ 514 bn. in the Indian infrastructure sector. Thus, IIFCL is expected to play a prominent role in the infrastructure finance space in India going forward.
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Fidelity India Children’s Plan – Give Them The Power To Dream Big
Jan 23rd
The new Fidelity India Children’s Plan is one solution for the important milestones in your child’s future. The plan comprises three funds – an education fund, a marriage fund and a savings fund – and each one has a specific asset allocation for key benefits – the long term growth of equities, a hedge against an increase in gold prices and the stability of debt. Invest a lump sum or start a SIP for your child now. Help make big dreams come true.
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Tax Saving Infra Bonds From IDFC and REC
Jan 20th
Details of REC Infra Bonds Private Placement Basis
Points to be noted
- Bonds will be accepted in both physical & demat form. Pls write sole/ First applicant’s name , ph no & appln no on the reverse of the chq. Eligible Investors are Individual ( Major )& HUF thru Karta of HUF
Subscription to IFCI Long Term Infrastructure Bonds Series-II in physical form
Dec 17th
We are pleased to inform you that keeping in view the demand of investors, as also having regard to the provisions under SEBI (Issue & Listing of Debt Securities) Regulations, 2008 and Depositories Act, 1996, it has been decided that applicants who wish to subscribe to IFCI Long Term Infrastructure Bonds Series –II ,can do so but they have to ensure compliance of the following while applying for the bonds:
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