Capital Gain Bonds , often referred to as 54EC capital gain bonds, are a well-liked investment choice for people and businesses looking to reduce their long-term capital gains taxes. By utilizing the tax exemptions provided by Section 54EC of the Income Tax Act, these bonds provide a secure and organized means of reinvesting profits. We will go into the specifics of capital gain bonds in this article, including their characteristics, eligibility requirements, and advantages for investors. …………………………………………………………………………………………………............. What Are Capital Gain Bonds? The National Highways Authority of India (NHAI) and the Rural Electrification Corporation (REC), two government-backed organizations, offer Capital Gain Bonds . The intended purpose of these bonds is to offer tax exemptions on long-term capital gains from the sale of real estate, such as buildings or land. Taxpayers can receive guaranteed returns and lower their tax liability by purchasing these bonds. Within s...
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