IIFCL-Tranche III -8.80% Tax Free Bond Issue Feb 14

IIFCL  Ltd Tranche III  Tax Free Bond – Issue open 17 Feb 2014 

IIFCL (India Infrastrcuture Finance Company Limited) 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

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[wptabtitle] Product Note[/wptabtitle] [wptabcontent]Issue Highlight – 

Issue Structure –

 Cheque Details- 

Retail Investor  :    ” IIFCL Tax Free Bonds Escrow Account – Public Issue”

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[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]

IIFCL Tax Free Bond – Tranche III – Subscription details Daily update

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[wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]

IIFCL Tax Free Bond Tranche III Allotment Details (data update after allotment date)

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