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Going purely by the numbers I recently highlighted, both D and I ought to put our money into these infrastructure bonds.
But, in my case, I don’t want to invest my money just for the purpose of lowering my income tax. I’d rather pay a marginally higher income tax, improve my cash flow, and invest in line with my ongoing objectives.
In D’s case, she’s OK with investing her money if it can help lower her income tax.
,but she doesn’t have the mandatory Demat account at the moment. As CFO, I’ll let this opportunity pass since more such issues are expected in the pipeline. Since the bonds can now be subscribed to in physical format too, I will get this done for her in the coming week.
That about sums up what we’re doing. How about you?
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