Capital Gain Bonds 54EC - Tax Saving After Property Sale
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Description
If you’ve recently sold property and made a profit, the capital gains tax can take a big bite out of your earnings. The good news? Capital Gain Bonds (54EC Bonds) can legally help you save tax while keeping your money in a safe investment.
These bonds are specially created for people who earn long-term capital gains from selling land or buildings. By investing in them within 6 months, you can claim tax exemption under Section 54EC of the Income Tax Act.