BONDS

AMFI-Registered Mutual Fund Distributor

Client Login  Book Appointment

Page Title

Home / BONDS

54EC Capital Gains Bond

Any long-term Capital Gains on a property held for three years or more attracts tax@20%. However, tax can be avoided if the capital gains are invested in bonds specified under Sec 54 EC of the Income Tax Act. Any approved institution as well as the general public including individuals, HUF & NRI, can invest in these Bonds.

You can invest a minimum of Rs.10,000/- and a maximum of Rs.50Lakhs.These Bonds are redeemable after three years and are non-transferable and non-negotiable.

Link Name

These Bonds can not be kept as a security against any loans. There is no TDS but the interest earned by these Bonds is Taxable.

NHAI bonds and REC Bonds are offered in this category year on year basis in different series at intethat time.

Infrastructure Bonds Issued Under Section 80CCF :


Tax Saving Infra Bonds as popularly called allows to invest Rs.20,000/- and gain Tax relief by Tax Paylockin period of 5 Years and a tenure of 10Years.After completion of lockin period investors can trade BSE/NSE.Year 2011-2012 Infra bonds offered an interest of above 8 %.