Should you buy Infrastructure Bonds?

I have been looking at infrastructure bonds and am eager to know if I should consider them as against a tax saving fund. I like the concept of a safe and assured return. -- Anil Thadani Your question is echoed by many investors. Infrastructure bonds are certainly not new to the Indian taxpayer. They did exist till 2005 when Section 88 of the Income Tax Act was in force. In the last Budget, these bonds were re-introduced under Section 80CCF. However, there seems to be a mis-conception in your thinking. These bonds do not compete with equity linked savings schemes (ELSS). Tax saving funds fall under Section

This article was originally published on January 04, 2011.