HUDCO (Housing and Urban Development Corporation), next in pipeline after Indian Railway Finance Corp. launching its tax free bond. To elucidate further, tax free means, the interest received from these bonds will not be taxed. They are very much different from 80CCF infrastructure bonds, as the investments in this bonds will make your taxable income [...]

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The Finance Ministry has allowed Indian Railway Finance Corporation to raise Rs.10, 000 crore through tax free bonds this fiscal year. The proposed amount will be utilized for financing select capacity development work. The ministry has also permitted Housing & Urban Development Corp., Power Finance Corp. and the National Highways Authority of India to sell [...]

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Exchange Traded Funds are one of the best financial tools available in the present scenario, gaining recognition globally. It took nearly 5-7 years to gain significance in India. It was introduced in India with a size of Rs. 21 crore and as of now the size has shown a significant rise to Rs. 700 crore [...]

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The government recently brought a change in the excise and custom duties imposed on customers all-over the country. As of now all the precious metals like, gold, silver, platinum and diamond will become costly. As per the current structure, customs and excise duty will be imposed on the price of precious metals instead of fixed [...]

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Infrastructure Development Finance Company Ltd was incorporated in the year 1997 as a public limited company.  The company was established with an aim to provide finance for infrastructural projects. The company provides full range of finance and advisory services for infrastructure projects, asset management and investment banking. IDFC with a view to raise funds for [...]

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