Capital Gains Tax Bonds And Section 54ec

54ec bonds do not allow any tax.

Capital gains tax bonds and section 54ec. The lock in period of section 54ec capital gain bonds has increased from 3 years to 5 years. Key benefits of 54ec bonds. Capital gain bonds issued under section 54ec by nhai or rec is one of the best ways of saving tax on long term capital gains.

The tax deduction is available under section 54ec of the income tax act. 54ec bonds are specifically meant for investors earning long term capital gains and would like tax exemption on these gains. The present article briefly explains the provisions of section 54ec of the income tax act.

Know everything about 54ec bonds at karvy corporate. Key features of 54ec bonds. Tax deduction is available under section 54ec of the income tax act.

Long term capital gains ltcg are taxable under the income tax act. 54ec bonds or capital gains bonds can be described as financial instruments which entail tax exemptions under section 54ec to an investor. Tax deduction is available under section 54ec of the income tax act.

Capital gains bond section 54ec 54ec bonds. An individual can invest in these bonds after receiving capital gains from selling a property thus availing the necessary tax exemption. Bank details for making payment through rtgs neft new.

54 ec capital gains tax exemption cgte bonds. Capital gains bonds in order to reduce the amount of tax that you need to pay for your capital gains you may choose to invest the profit earned from the sale of your property on capital gain bonds that are issued by nhai and rec under section 54ec. 54ec bonds do not allow any tax exemption on short term capital gains tax.