Tax Saving Infrastructure Bonds (Long Term) Facts

New Section 80CCF of the Income tax act is added for FY 2010-2011 for tax saving. So, you can invest Rs.20, 000 in addition of 1 LAC of Section 80C and save tax based on tax slab.Your income tax slab    your immediate saving                10%                     2000                20%                     4000                30%                     6000The Infrastructure bond’s tenure and