RURAL ELECTRIFICATION CORPORATION LIMITED has come up with TAX free bonds, and this would be the last for the financial year 2011-2012. Earlier we had 4 other TAX free bonds from NHAI which was the first in the race followed by PFC, IRFC & HUDCO. NHAI, IRFC, PFC had to close the issue before the...

Hudco Tax Free Bond closing date has been extended by 4 days. Housing and Urban Development Corporation Limited (HUDCO) has announced extension of closing date of HUDCO Tax Free bonds by 4 days. Accordingly, the bonds which were scheduled to close on February 6, 2012 will now close on February 10, 2012. The...

After all the hype of TAX free bonds this issue got, now is the time to check your allotment. To share the good news, Retail Investors (individuals who have applied for 5 lakhs or less), have got 100% allotment. It was the first company to come up with TAX Free bonds this year, and many of us have put...

India Railway Finance Corporation for the first time come up with TAX Free secure bonds. After NHAI and PFC Tax fre bonds, today we have HUDCO also running the same Tax free bonds to all investors. In my previous article, i had explained in details of HUDCO Tax free bonds. Now let us understand India...

After NHAI, PFC Tax free Bonds, HUDCO has come up with Tax free bonds with an interest rate of 8.1 and 8.2% for the 2 category of bonds which opens on Jan 27, 2012. Let us understand what is different from the previous 2 tax free bonds. NHAI and PFC bonds allowed NRI’s to invest in the bonds,...

The National Highways Authority of India (NHAI) is offering secured debentures that are redeemable after10 and 15 years. This is on offer for institutions and public at large, including non-resident Indians. This is the first time they are issuing tax free bonds, they are usually known for issuing Section...