WebJul 17, 2024 · Taxation at 30 per cent means a net return of approximately 5.25 per cent. Against ₹59.38 lakh in case of 54EC bonds, ₹40 lakh invested at 5.25 per cent grows to … WebWhen you invest in capital gain bonds or 54 EC Bonds, you would be eligible for a tax exemption. These bonds are tax saving Bonds, the name of which is derived from Section 54EC of the Income Tax Act, 1961. Under this section, an investor need not pay any tax on any long-term capital gains arising on the sale of any property, if the amount ...
Capital Gain Bonds - Section 54EC, Invest in PFC, NHAI, IRFC, REC
WebWelcome to Investor Services for IRFC Capital Gain Tax Exemption Bonds - Series VII PRIVATE PLACEMENT OF SECURED, NON-CONVERTIBLE, NON-CUMULATIVE, … WebJan 31, 2024 · Maturity date 21-Nov-2024 Last Traded Price 11,37,667.80 Last Traded Date 31-Jan-2024 Key Metrics Nature of bond Secured Coupon Frequency Yearly Issue Size (in crs.) -- Time till maturity 0y 9m 11d Ex-Date 21-Nov-2024 Issue date 21-Nov-2013 Calculator Inv Amount Pre-tax Post-tax Inv period 0y 9m 11d Int pay frequency Semi Annually cheryl gilmour
Section 54EC of Income Tax Act - Claim Exemption from LTCG
WebAs per Section 54EC of the Income Tax Act, 1961: 54EC Bonds are eligible for Long Term Capital Gain only if the assets (land,building or both) are held for a minimum period of 3 years before transfer of asset. Investment Details: The 54EC Bond must be purchased within the period of six months from the date of sale/transfer of asset. Webannual, 15th april every year, 1st interest payment on 15.04.2015 and last interest payment on the redemption date. put: na call: na : indian railway finance corporation limited : … WebApr 13, 2024 · Application form : REC 54EC Capital Gains Tax Exemption (CGTE) Bonds - NEW. List of Brokers empanelled with REC for opening Free demat Account (373 KB) PDF- … flights to iceland jfk