Save LTCG Tax-Capital Gain tax Exemption Bonds

02/12/2014 Financial & Legal Services

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Invest in 54 EC Capital Gain Tax Exemption Bonds; NHAI and REC Tax free capital gain bonds avail tax benefit U/S 54 EC on income tax Act:-

1) Face value: 10,000 per bond

2) Minimum Investment: One Bond of Rs. 10,000/- each

3) Tenor: 3 Years

4) Rate of Interest: 6:00% p.a.

5) Interest Payment: Annual Maximum Investment: 500 Bonds of Rs. 10,000/-each

6) Deemed Date of allotment: Last day of each month in which subscription money is received and credited to issuer account.

7) Section 54 EC: Exemption of long term capital gains if the gain invested in capital gain bonds.

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