WebJan 18, 2024 · The capital gains 54EC bonds eligible for tax deductions can be issued only by REC (Rural Electrification Corporation Ltd), PFC (Power Finance Corporation Ltd) and NHAI (National Highways Authority of India). Avail the opportunity to invest in 54EC bonds to gain tax deductions. WebMar 31, 2024 · The Government of India in IEBR for FY 2024-23 have not mandated NHAI to raise funds from the market. Therefore. NHAI shall not issue 54 EC Bonds and any other debt instruments/Bonds etc. w.e.f. 01.04.2024. All are requested to please take a note of It and advise all your associates/brokers not to accept any fresh application and application …
Invest in Capital Gain Tax Saving Bonds India 54ec Bonds
WebFeb 8, 2024 · Cost of NHAI or REC Bonds; Capital Gain on sale of land or building or both; The taxpayer can claim the capital gain exemption under Section 54EC of the Income Tax Act to reduce the tax liability. ... Example for capital gains on sale of bonds & debentures. For example, Mr. Rahul is a salaried individual and has invested in listed bonds and ... WebJan 5, 2024 · NHAI and REC had issued 54EC Capital Gain Bonds, which are specifically designed to save taxes on long-term capital gains. The bonds have a lock-in period of three years, and the interest rate offered is 5.25% per annum. Investors can invest up to Rs. 50 lakhs in these bonds, and the interest earned is taxable as per the investor’s income … naz\\u0027s halal germantown
Capital Gain Bonds - Section 54EC, Invest in PFC, NHAI, IRFC, REC
WebTitle: Microsoft Word - Notice in respect of conninuation of NHAI 54EC Bonds w.e.f. 01.06.2024 Author: satishkaushik Created Date: 5/31/2024 5:07:29 PM WebOct 17, 2024 · The National Highway Authority of India (NHAI) ... Unlike the traditional section 54 EC bonds which give exemption from capital gains, this particular issue of NCDs has no tax benefits. WebApr 11, 2024 · Procedure to claim Unpaid Principal/Interest for 54 EC Capital Gain Tax Exemption Bonds (713 KB) PDF. Investors Grievances/ Complaints / Query/ Request (160 KB) PDF. Important Forms for Bonds - NEW. List of REC Limited Offices in India (115 KB) PDF - NEW. Public Notice for being aware against potential fraud (787 KB) PDF - NEW. nazu a child of god