IIFCL Ltd Tax Free Bond – Issue open 9 Dec 2013
IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like
Allotment Date 22 Jan & Listing Date 24 Jan
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Issue Structure –
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Cheque Details-
Retail Investor :
Bankers : [/wptabcontent]
[wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About the Issuer
IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like
• Road and bridges, railways, seaports, airports, inland waterways and other transportation projects
• Power
• Urban transport, water supply, sewage, solid waste management and other physical infrastructure in urban areas
• Gas pipelines
• Infrastructure projects in Special Economic Zones
• International convention centers and other tourism infrastructure projects;
• Cold storage chains
• Warehouses
• Fertilizer Manufacturing Industry.
Benefit to Investor
- The Income by way of Interest on these Bonds is fully exempt from Income Tax as per provision under section 10(15) (iv) (h) of IT act.
- No TDS
- Capital Gain Benefit – capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @20% with Indexation.
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[wptabtitle] Subscription Data[/wptabtitle] [wptabcontent]
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[wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]
Allotment Details
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