CAPITAL GAIN EXEMPTIONS BONDS (54ec)

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Why choose this product?

Get tax exemption on capital gain

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Maximum investment limit of up to Rs. 50 Lakhs in a Financial Year across the two available Bonds

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6% interest per annum

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100% risk free payment

Which bonds are eligible under the Section 54 EC?

The eligible bonds are:

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RECL (Rural Electrification Corporation Ltd)

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NHAI (National Highways Authority of India)

BENEFITS​

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Safety and security: AAA rated.

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Interest: Taxable, although no TDS is deducted. Wealth tax is exempted

Tenure- Lock-in period of 3 years and non- transferable.

The minimum investment is 1 bond amounting to Rs. 10,000/- and the maximum investment is 500 bonds amounting to Rs 50 lakhs in a financial year

The rate of Interest 5.25%, payable annually