Allotment LINK for NHAI Tax Free

Dear Friends,

Please find below the Allotment LINK for NHAI Tax Free Bonds.

Enter the Application Nos. and get below that details of allotment.

CLICK HERE : http://www.mcsdel.com/index001.asp

Also I have uploaded on right hand side above popular posts, various links for various Registrar for further reference on ongoing basis. You can refer the same, e.g. by clicking  MCS Ltd. link one can check NHAI Tax Free Bonds status by putting their application no.

Tax Free Bonds of IRFC & HUDCO

Dear Friends,


Yet another issues of Tax Free Bonds By Indian Railway (IRFC) & Housing Development(HUDCO).
The issue term is more or less same like the earlier issues of NHAI & PFC on First come First serve Basis. You may refer earlier posts for general terms & conditions & below given brief notes. 
You can download IRFC application forms through this link :http://www.akstockmart.com/akintra/BA/DNLDFORM.aspx?refno=z3uTx/qwqEs=

You can also download forms from following Tab. Please ensure our broker code 00159096 comes with forms so that we can earn something from that forms deposited, otherwise only main Broker will earn. 

Enter Broker Code  
* Not Mandatory

Select IPO/FPO: IFCI - IFCI INFRA STRUCTURE LTD (IV) IDFC - INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED LNT - L&T INFRASTRUCTURE FINANCE COMPANY LIMITED PFS - PFS INFRASTRUCTURE BOND RECL - RURAL ELECTRIFICATION CORPORATION LIMITED SIFINLTD - SREI INFRASTRUCTURE FINANCE LIMITED IRFCCORP - INDIAN RAILWAY FINANCE CORPORATION LIMITED HUDCOLTD - HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED


Number of Forms   One Two Five


 

INDIAN RAILWAY FINANCE CORPORATION LIMITED
(a wholly owned Government of India Undertaking)
Term Sheet
Public Issue of Tax Free, Secured, Redeemable, Non-Convertible Bonds
INVESTMENT SERIES
Series Tranche 1 Series I Tranche 1 Series II
Tenor ^ 10 Years 15 Years
Face Value per Bond Rs. 1,000 Rs. 1,000
Minimum Application Rs. 10,000 (10 Bonds) Rs. 10,000 (10 Bonds)
In Multiples of Rs. 5,000 (5 Bonds) Rs. 5,000 (5 Bonds)
Frequency of Interest Payment Payable annually Payable annually
Interest Payment Date October 15, every year October 15, every year
Coupon Rate for applicants under Category I & II
8.00% p.a. 8.10% p.a.
Coupon Rate for applicants under Category III *
8.15% p.a. 8.30% p.a.
Redemption/Maturity Date At the end of 10 years from the Deemed Date of Allotment
                                         At the end of 15 years from the Deemed Date of Allotment
Redemption Amount          Repayment of the Face Value plus any interest that may have accrued at the
                                     Redemption Date
                                        Repayment of the Face Value plus any interest that may have accrued at the                                                                                                      Redemption Date
* The coupon rates of 8.15% p.a. and 8.30% p.a. shall be payable only to the original allottees under Category III for the Tranche 1 and Series I Bonds and Tranche 1 and Series II
Bonds respectively and shall not be payable to the transferees in case the Bonds are transferred or sold by the original allottee. In such cases, the transferees shall be entitled to
receive coupon rates of 8.00% p.a. and 8.10% p.a. for the Tranche 1 and Series I Bonds and Tranche 1 and Series II Bonds respectively. However, in case of any transfer by a
permanently disabled allottee to their legal heir(s), the transferee shall continue to be entitled to receive interest at the coupon rate of 8.15% p.a. and 8.30% p.a., for the Tranche 1
and Series I Bonds and Tranche 1 and Series II Bonds respectively. Where the Bonds are held in joint names and subsequently there is a change in the sequence of the names of the
joint holders, the joint holders subsequent to such change in sequence of names, will be entitled to receive the interest at the coupon rate of 8.00% p.a. and 8.10% p.a., for the
Tranche 1 and Series I Bonds and Tranche 1 and Series II Bonds respectively. However, in case of change in name of any of the joint holders, such joint holders shall continue to
be entitled to receive interest at the coupon rate of 8.15% p.a. and 8.30% p.a., for the Tranche 1 and Series I Bonds and Tranche 1 and Series II Bonds respectively. In case of
transmission of the Bond(s) in accordance with the Articles of Association of the Company, to the nominee in the event of demise of the Bondholder (single or joint holders) who
was originally allotted Bonds under Category III, the new Bondholder (single or joint holders) shall continue to be entitled to receive interest at the coupon rate of 8.15% p.a. and
8.30% p.a., for the Tranche 1 and Series I Bonds and Tranche 1 and Series II Bonds respectively. For the purpose of classifying the investors into various categories, the
applications will be consolidated on the basis of PAN. Consequent to such consolidation of applications, if an Applicant falls in any category other than Category III, such
Applicant will not be entitled to receive the coupon rate of 8.15% p.a. and 8.30% p.a. for Tranche 1 Series I Bonds and Tranche 1 Series II Bonds respectively.
^ The Company shall allocate and allot Bond Series bearing longest maturity to all valid applications, wherein the Applicants have not indicated their choice of the relevant Bond
Series in their Application Form.
Source: Shelf Prospectus dated January 19, 2012 and Prospectus Tranche – 1 dated January 19, 2012
Disclaimer: “Invest only after referring to the final prospectus”
Who can apply?
Category I
Category II
(above Rs. 5 lac)
Category III
(below & including Rs. 5 lac)
Public Financial Institutions as defined in section 4A of the Companies Act, 1956
Resident Indian individuals
Resident Indian individuals
Commercial Banks, Co-operative Banks and Regional Rural Banks, which are authorised to invest in the Bonds
Hindu Undivided Families
through the Karta
Hindu Undivided Families
through the Karta
Provident Funds, Pension Funds, Superannuation Funds and Gratuity Funds which are authorised to invest in the Bonds
Non Resident Indians on repatriation as well as non-repatriation basis
Non Resident Indians on repatriation as well as non-repatriation basis
Statutory Corporations
Insurance companies registered with the IRDA
National Investment Fund
Mutual Funds
Foreign Institutional Investors (including sub-accounts)
Insurance funds set up and managed by army, navy or air force of the Union of India
Multilateral and Bilateral Development Financial Institutions
State Industrial Development Corporations
Companies, bodies corporate and societies registered under the applicable laws in India and authorised to invest in the Bonds
Registered Trusts which are authorised to invest in the Bonds
Scientific and/or industrial research organisations which are authorised to invest in the Bonds
Partnership firms in the name of the partners
Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009)
Basis of Allotment
Reservations shall be made for each of the Portions as mentioned hereunder:
Category
Category I
Category II
(above Rs. 5 lac)
Category III
(below & including Rs. 5 lac) Size in % 45% of Overall Issue Size 25% of Overall Issue Size 30% of Overall Issue Size
Applications cannot be made by:
o Minors without a guardian name;
o Foreign nationals;
o Persons resident outside India other than NRIs;
o Overseas Corporate Bodies
(For details refer to page number 62 & 63 of prospectus Tranche – 1, Dated January 19’ 2012)
Source: Shelf Prospectus dated January 19, 2012 and Prospectus Tranche – 1 dated January 19, 2012
Disclaimer: “Invest only after referring to the final prospectus”
ISSUE DETAILS
Issue Opening Date
Friday, January 27, 2012
Issue Closing Date*
Friday, February 10, 2012
Subscription list for the Issue shall remain open for subscription at the commencement of banking hours and close at the close of banking hours, with an option for early closure (subject to the Issue being open for a minimum period of 3 days) or extension by such period, upto a period of 30 days from the date of opening of the Issue, as may be decided by IRFC subject to necessary approvals, if any. In the event of such early closure of the subscription list of the Issue, IRFC shall ensure that public notice of such early closure is published on or before the day of such early date of closure through advertisement(s) in a leading national daily newspaper
Instrument
Tax Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures
Issue Size
Rs. 3,000 crores with an option to retain oversubscription upto the Shelf Limit of Rs. 6,300 crores
Security
Charge on the movable assets comprising of rolling stock such as wagons, locomotives and coaches by way of first/ pari passu charge, present and future, as may be agreed between IRFC and the Trustee, pursuant to the terms of the Debenture Trust Deed
Instrument Form
In dematerialized form as well as physical form, at the option of applicants
Trading
Compulsorily in dematerialized form
Credit Rating
“CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE & “[ICRA] AAA” by ICRA
Lead Managers to the Issue
A. K. Capital Services Ltd., SBI Capital Markets Ltd., ICICI Securities Ltd.
Consortium Members for the Issue
A. K. Capital Services Limited, A. K. Stockmart Private Limited, SBI Capital Markets Limited, ICICI Securities Limited, SBICAP Securities Limited
Trustee for the Bondholders
Indian Bank
Depositories
NSDL and CDSL
Listing of Bonds proposed on
NSE and BSE
Interest on Application Money used towards allotment of bonds
@ 8.00% p.a. on the amount for which Bonds are allotted to the Applicants subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of banking of the application (being the date of submission of each application as duly acknowledged by the Bankers to the Issue) whichever is later, upto one day prior to the Deemed Date of Allotment
Interest on Application Money which is liable to be refunded
@ 4.00% p.a. on application money that is liable to be refunded to the Applicants in accordance with the provisions of the SEBI Debt Regulations, or other applicable statutory and/or regulatory requirements, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later, upto one day prior to the Deemed Date of Allotment.
Provided that IRFC shall not be liable to pay any interest on monies liable to be refunded in case of (a) invalid applications or applications liable to be rejected, and/or (b) applications which are withdrawn by the applicant.
*The Issue shall remain open for subscription during banking hours for the period indicated above.
Source: Shelf Prospectus dated January 19, 2012 and Prospectus Tranche – 1 dated January 19, 2012
Disclaimer: “Invest only after referring to the final prospectus



Term Sheet
Housing and Urban Development Corporation Limited
Issuer
Housing and Urban Development Corporation Limited
Issue Opening Date
January 27, 2012
Issue Closing Date
February 6, 2012
Instrument
Tax-Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures
Min Application Size Rs 10,000/- Thereafter in multiples of Rs 1,000/-
Interest on Refund 4% p.a
Interest on application money 8% p.a.
Credit Rating
„Fitch AA+ (ind)‟ by Fitch Limited
„CARE AA+‟ by CARE
Issue Size
Rs. 2,000 Crore with an Green Shoe option (option to retain oversubscription) of up to Rs. 4,684.72 Crore
Security
The Bonds proposed to be issued are secured by a floating first pari-passu charge on present and future receivables of our Company to the extent of amount mobilized under the Issue. The Company reserves the right to create first pari-passu charge on present and future receivables for its present and future financial requirements.
Tranche Series-I Series-II
Tenor                          10 Years            15 Years
Put Call Option None None
Maturity/ Redemption At par on the expiry of 10th Year from the Deemed Date of Allotment
At par on the expiry of 15th Year from the Deemed Date of Allotment
Annual Coupon Retail Investors (Category III) 
                          8.22%                  8.35%
                        Other Investors (Category I & II)
                             8.10%          8.20%


Note: The differential rate for retail investor shall be applicable only to the first allottee. In the event of Sale/Transfer by the original allottee of a retail bond, the subsequent allottee will get the rates of the other investors‟ category.
Interest Payment             Annual        Annual
Interest Payment Date 
The date, which is the day falling one year from the Deemed Date of Allotment in case of first interest payment and the same date, till the date of redemption for subsequent interest payments.
Listing
Proposed on BSE Ltd. (“BSE”) and National Stock Exchange of India Ltd. (“NSE”). The Designated Stock Exchange for the Issue is NSE
Trustee
SBI Capital Trustee Company Limited
Issue shall remain open for subscription for a minimum of3 days or such extended period upto a maximum period of 30 days from the date of opening of the Issue. In case of early closure, HUDCO shall ensure that public notice of such early closure is published on or before theday of such early date of closure through advertisement/s in a leading national daily newspaper.
Investor Categories
Category I
Category II
Category III
• Public Financial Institutions, Statutory Corporations, Commercial Banks, Co-operative Banks and Regional Rural Banks, which are authorised to invest in the Bonds;
• Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorised to invest in the Bonds;
• Insurance companies registered with the IRDA;
• National Investment Fund;
• Mutual Funds;
• Foreign Institutional Investors (including sub-accounts)
• Companies; bodies corporate and societies registered under the applicable laws in India and authorised to invest in the Bonds;
• Registered trusts which are authorised to invest in the Bonds;
• Scientific and/or industrial research organisations, which are authorised to invest in the Bonds;
• Partnership firms in the name of the partners; and
• Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009).
The following investors applying for an amount aggregating to above Rs. 5 lakhs across all series in each tranche
• Resident Indian individuals;
• Non Resident Indians on repatriation as well as non-repatriation basis.
The following investors applying for an amount aggregating to up to and including Rs. 5 lakhs across all series in each tranche
• Resident Indian individuals;
• Non Resident Indians on repatriation as well as non-repatriation basis.
45% of issue size
25% of issue size
30% of issue size


For further query you may contac me at pinals6@yahoo.co.in
Till then bye for now.                       Have               //Happy }
                                                                                //RepUblic} 
                                                                               //Day}
                                                                              //
                                                                             //
                                                                            // \ 
                                                                                 /\|   
                                                                                 ||

Jeevan Ankur New Plan Launched by LIC Today

INTRODUCTION OF LIC’S JEEVAN ANKUR (Plan No. 807)

INTRODUCTION:

It has been decided to introduce LIC’s Jeevan Ankur (Plan No. 807) with effect from 23rd January, 2012. The Unique Identification Number (UIN) for LIC’s Jeevan Ankur plan is 512N267V01. This number has to be quoted in all relevant documents furnished to the policyholders and other users (public, distribution channels). This is a conventional with profits plan which is specially designed to meet the educational and other needs of the child. This plan is allowed to the parents who have a child upto the age of 17 years last birthday. The risk cover under the plan will be on the life of the parent who will be the Life Assured. There is no Insurance coverage on the life of the child, but the policy term shall be based on the age of the child. The child will be the nominee under the plan. The term of the policy can be chosen so that on the date of maturity age of the child is in the range 18 to 25 years last birthday.

 BENEFITS:

a) Benefits payable on death:

On death of the Life Assured

In case of death of the Life Assured during the policy term, Basic Sum Assured is payable immediately on death. In addition, an Income Benefit equal to 10% of the Basic Sum Assured is payable on each policy anniversary from the  policy anniversary coinciding with or next following the date of death, till the end of policy term to the nominee child. Another lump sum amount equal to Basic Sum Assured is payable on the scheduled maturity date of the policy along with Loyalty Addition, if any.

On death of child, when Life Assured is alive.

In case of death of the child when the Life Assured is alive, the Life Assured will have an option to nominate another child/person and the policy will continue with the same benefit payable to new nominee/legal heirs after the death of the Life Assured during the term of the policy.

On death of child/nominee after Life Assured’s death.

In case of death of the child/nominee after Life Assured’s death, the policy shall continue and the benefits shall be payable to the legal heir(s) till the end of policy term.

b) Benefits payable on maturity:

At the end of the policy term, an assured maturity benefit equal to Basic Sum Assured along with Loyalty Addition, if any, shall be payable irrespective of survival of the Life Assured.

c) Loyalty Addition:

Provided the policy is in full force at the time of maturity or on death, whichever is applicable, then depending upon the Corporation’s experience with regard to the policies issued under this plan, the policy will be eligible for Loyalty Addition on the stipulated date of maturity at such rate and on such terms as may be declared by the Corporation.

OPTIONAL BENEFITS:

1) Accident Benefit Rider: 

Accident Benefit (AB) Rider shall be available as optional rider for a premium at the rate of Rs. 0.50 per thousand Accident Benefit Rider Sum Assured. Accident Benefit Rider shall be available for an amount not exceeding the Sum Assured under the Basic Plan subject to the maximum of Rs.50 lakh overall limit considering the Accident Benefit Sum Assured in respect of all existing policies on the life of the Life Assured under individual and group policies including the policies taken from Life Insurance Corporation of India and other Insurance companies and the Accident Benefit Rider Sum Assured under new proposal into consideration. This benefit will be available for the full policy term or till the policy anniversary on which the age nearer birthday of the Life Assured is 70 years whichever is earlier. If this benefit is opted for, an additional amount equal to the Accident  Benefit Sum Assured is payable in case of accidental death. This benefit is available under Regular Premium policies only and it is not available under Single Premium policies.  

2) Critical Illness Benefit Rider : 

An amount equal to the  Critical Illness Rider Sum Assured will be payable in case of diagnosis of defined categories of Critical Illness subject to certain terms and conditions, provided the Critical Illness Benefit cover is opted for and is in force. The maximum cover for this rider will be Rs.5 lakhs under all policies of the Life Assured with the Corporation taken together including the new proposal under  consideration. The Critical Illness Rider Sum Assured shall also not exceed the Sum Assured under the Basic Plan. This benefit will be available provided the policy matures on or before the Life Assured attains 60 years of age. The terms and conditions applicable to this rider will be as mentioned in our circular Ref: Actl/1906/4 dated 8th October 2003 and Actl/2034/4 dated 13th September 2005.

3) Premium Waiver Benefit Option under Critical Illness Rider: 

This is an optional benefit under Regular Premium policies which may be opted in case of the following:

(i) The Critical Illness rider has been opted for, and

(ii) The Sum Assured under the Basic Plan is equal to the Critical Illness Rider Sum Assured

(iii) The chosen policy term is such that the policy matures on or before the Life Assured attains 60 years of age.

In case the Life Assured is diagnosed with any of the Critical Illnesses covered under the policy, the total future premiums (i.e. premium for Sum Assured under the Basic Plan and

the premiums for the Riders opted for) in respect of the  policy shall be waived provided the policy is in full force.

ELIGIBILITY CONDITIONS AND FEATURES:

For Basic Plan:

1) Minimum Age at entry for Life Assured : 18 years  (completed)

2) Maximum Age at entry for Life Assured : 50 years (nearest birthday)

3) Minimum Age at entry for child : 0 years (last birthday

4) Maximum Age at entry for child : 17 years (last birthday)

5) Minimum Term : Higher of (18 – age of child, 8) years

6) Maximum Term : (25 – age of child) years

7) Minimum Basic Sum Assured : Rs. 1,00,000/-

8) Maximum Basic Sum Assured : No Limit

The Basic Sum Assured shall be in multiples of Rs. 5000/-.

Age at entry for the policyholder is to be taken as age  nearest birthday except for the minimum age at entry i.e. 18 years.

For Accident Benefit Rider:

1) Minimum Entry Age : 18 years (completed)

2) Maximum Entry Age : 50 years (nearest birthday)

3) Maximum Maturity Age : 70 years (nearest birthday)

4) Minimum Accident Benefit Sum Assured : Rs. 25,000/-

5) Maximum Accident Benefit Sum Assured: An amount equal to the Basic Sum Assured subject to the maximum of Rs.50 lakh overall limit taking all existing policies of the Life

Assured under individual as well as group schemes including policies with in built accident benefit taken with Life Insurance Corporation of India and other Insurance

companies and the Accident Benefit Sum Assured under the new proposal into consideration. The Accident Benefit Sum Assured shall be in multiples of Rs. 5,000/-.

For Critical Illness Rider:

1) Minimum Entry Age : 18 years (completed)

2) Maximum Entry Age : 50 years (nearest Birthday)

3) Minimum Policy Term : 10 years for Regular premium and

8 Years for Single premium

4) Maximum Maturity Age : 60 years (nearest Birthday)

5) Minimum Critical Illness Rider Sum Assured: Rs. 50,000/-

6) Maximum Critical Illness Rider Sum Assured: An amount equal to the Basic Sum Assured subject to the maximum of Rs.5 lakhs overall limit taking all critical illness riders under all existing policies of the life assured and the critical illness rider option under the new proposal into consideration.

The Critical Illness Rider Sum assured shall be in multiples of Rs. 10,000/-.

MODES OF PREMIUM PAYMENT:

The policyholder has the choice to pay premiums either in lump sum or regularly during the policy term with modes of premium payment Yearly, Half Yearly, Quarterly, and  Monthly (ECS or through salary deductions).

PREMIUM RATES:

The tabular premium rates (exclusive of service tax) per thousand Basic Sum Assured are given in Annexure 1.

The class – I extra premium rates are given in Annexure 2.

GRACE PERIOD FOR PAYMENT OF PREMIUM:

A grace period of one calendar month but not less than 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly premiums. If the death of the Life Assured occurs within the grace period but before the payment of premium then due, the policy will still be valid and the benefits are paid after deductions of the said unpaid premium and also the unpaid premium/s falling due before the next policy anniversary. If the premium is not paid before the expiry of the days of grace, the policy  lapses.

REBATES:

The rebates for basic plan are as under:

Mode Rebate:

Rebates are available at the following rates:

Yearly mode : 2% of tabular premium

Half-yearly mode : 1% of tabular premium

Quarterly and SSS mode : NIL

High Sum Assured Rebate:

Single Premium

Sum Assured Rebate (Rs.)

1, 00,000 to 1, 95,000 Nil

2, 00,000 to 4, 95,000 4.00 %o S.A.

5, 00,000 and above 6.00 %o S.A.

Regular Premium

Sum Assured Rebate (Rs.)

1, 00,000 to 1, 95,000 Nil

2, 00,000 to 4, 95,000 2.00 %o S.A.

5, 00,000 and above 3.00 %o S.A.

SERVICE TAX:

Under this plan, the amount of service tax as per the prevailing rates shall be payable by the policyholder on premium(s), as and when the premiums are paid.

Service tax, if any, shall be as per the Service Tax laws and the rate of service tax as applicable from time to time.

ASSIGNMENTS/NOMINATIONS:

The named child under the policy shall be the nominee. An appointee shall be required to be mentioned in the policy to exercise the powers of nominee after the death of Life  Assured such as receiving sum assured on death and         Income Benefit till the nominee is a minor. No change in nomination shall be allowed till the child nominee named under the policy survives. In case of death of child during the policy term, the Life Assured may nominate another  person.

Assignment will not be allowed under this plan.

For more details contac with your Agent or nearest LIC Branch or send query to pinals6@yahoo.co.in

IDFC & L&T Infra Bonds Allotment Status

Dear Clients & Visitors,

You can view the allotment status of your application in “IDFC” & “L & T” Infra Bonds Tranche I using following links.

IDFC Infra Bonds - http://mis.karvycomputershare.com/ipo/

L & T Infra Bonds - http://www.shareproservices.com/AppStatus.asp

Thanks & Regards,

Wish you Happy Maker Sankranti

Piyush Shah

Some more Tax Saving Infrastructure Bonds

Hi Friends,


Yet again L & T infrastructure bonds & IDFC Infrastructure Bonds  has come out.
Forms can be found in following link. Sub-broker Code  00159096


http://118.102.187.90:8088/ipopdfgenweb/

IDFC(INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LTD)--- -----------L&T INFRASTRUCTURE FINANCE COMPANY LIMITED-------------- ------------------------------PFS INFRASTRUCTURE BOND--------------------------- -----------RURAL ELECTRIFICATION CORPORATION LIMITED----------- -----------------SREI INFRASTRUCTURE FINANCE LIMITED----------------- -----POWER FINANCE CORPORATION LIMITED(Tax Free Bond’s)----- ------------------------------MUTHOOT FINANCE LIMITED------------------------------

 

  With Code / Without Code

Sub-broker Code   *

*Field is mandatory if sub-broker code required on form.

No. Of Forms : -        One Two Five Ten

* Form number is unique every time. Form should not be copied to make multiple applications.

Tax Saving Infrastructure Bonds

Hi,


Yet more Infrastructure Bonds issues. Apply & Save Tax. You can download forms using following link.
http://markit.karvy.com/DISTRIBUTION/AppForms.aspx

The sight will show following page. Select the issue from Select any one. Use following subbroker code & select no. of forms you want to download.

Company Name	:	Select any one  L & T Long Term Infra Bond  IDFC Infra Bond Tranche II
	Sub Broker Code	:	PIYUSH I SHAH
	No Of Application Form (Maximum 25 Forms at one time)	:

Kindly note that a distinct application number has been given for each of the forms to be downloaded. Please refrain/avoid making copies of the application forms as forms bearing the same application form will be technically rejected. Only Resident Indians can use this application form. 

Dollar Index

Dear Friends,


As mentioned on the chart Dollar Index is in Bullish mode. It may reach up to 90 level with, in between resistance at current level & 83 & 87.50. It means all major currencies including Euro to Dollar may going to depreciate in coming weeks. 

Save Tax Go for Infrastructure Bonds

Dear Friends,

January has come & you will be now planning for your tax saving instruments.  Some of you might have already done it but still many have yet not gone for it.

One can save tax on Rs.1,00,000/- upto Rs.33500/- by investing in Life Insurance premium, PPF & PF, National Saving certificates, or by Paying children's fees upto 2 children & upto Rs 24,000/- & rest in other instrument mentioned or by investing Mutual Fund's Equity Linked Savings Scheme (ELSS). If one wants to go for ELSS then some Mutual Fund's link is given in Right Hand side Box under Head 

On Line Mutual Fund Applications Link

 click that link and choose Tax saving ELSS scheme name to invest in.

Over and above limit U/S 80C of Rs.1,00,000/- you can still invest more of Rs. 20,000/-  and claim rebate - reduce your income U/S80CCF by Rs.20,000/- by applying infrastructure Bonds and save tax upto Rs. 6600/- according to your Tax slab.

Currently four Infra Bonds are going on namely IFCI, PTC, REC & Srei Infra. Rates are more or less same. I personally would prefer to go for REC as its rating is better then others & is having more Govt. stage in Share Holding.  You can download forms from below link & deposit directly with the collecting Banks. 

http://www.fountainheadindia.in/FormPrinting/FrmPrinting.aspx?CompanyId=5

When you download forms please ensure that you download forms by clicking Business Associates Tab & putting our code 165918 in subbroker's column so that we make some earnigs otherwise only our Main Broker will earn. The screen shot is given below. For more info you may contact me on pinals6@yahoo.co.in

APPLICATION FORMS

Direct Client Business Associate Company : SELECT IFCI LONG TERM INFRA BONDS – SERIES IV REC LONG TERM INFRA BONDS-SERIES (2011-12) PFC Tax Free Bond PTC India Fin. Service Ltd. (PFS) – Long Term Infra Bond SREI Long Term Infrastructure Bond L & T Long Term Infra Bond IDFC Infra Bond Tranche II Sub Broker Code (Not Mandatory) : No Of Application Form (Maximum 25 Forms at one time) :    Kindly note that a distinct application number has been given for each of the forms to be downloaded.   Please refrain/avoid making copies of the application forms as forms bearing the same application form will be technically rejected.   Only Resident Indians can use this application form.

Bye for now. Stay tuned till next update.