Confusion over the amount of exemption available on investments in Section 54EC bonds shows no signs of abating, more so since the income-tax tribunals are not in unison over the issue.
That the FM refrained from using the budget platform to dole out huge subsidies and other fiscal prolificacies in a bid to woo back the electorate was the best news in Budget 2012.
If you are looking to diversify your portfolio by adding a dollop of debt investments, ultra short-term income funds could be a wise choice at this time.