Ifci long term infrastructure bond -ii

This is the time to think and save the tax by investing in IFCI Long Term Infarstrucre Bond-II which closes on 31-12-2010. The maximum limit of Rs.20,000/- invested in this bond will be considered under section 80ccf of I.T.Act and will be benifited from taxable income, apart from the upper limit of Rs.one lac invested in LIC,PPF etc which comes under 80c. Those who are having the demant account only can apply for this and lock in period is 5 years and will get 8% interest with the amount invested. So don't wait for last minute.