Deduction - The Long Term Infrastructure Bond.

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Deduction - The Long Term Infrastructure Bond.

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....of the said section, namely:- (a) Name of the bond - The name of the bond shall be "The Long Term Infrastructure Bond" (b) Issuer of the Bond - The Long Term Infrastructure Bonds to be issued in the financial year 2011-12 shall be issued by - 1. The Industrial Finance Corporation of India, established under section 3 of the Industrial Finance Corporation Act, 1948 (15 of 1948); 2. The Life....

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....nts' for the purposes of this limit shall include loans, bonds, other forms of debt, quasi-equity, preference equity and equity. (d) Tenure of the bond - (i) The tenure of the Bond shall be for a minimum period of ten years; (ii) the minimum lock-in period for an investor shall be five years; (iii) after the lock-in period the investor may exit either through the secondary market or through a bu....

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Deduction - The Long Term Infrastructure Bond.