Save Tax on Long Term Capital Gain
Who are the Issuer of these Bonds?
As notified by the Government of India, the following are the issuer of Section 54EC Capital Gain Bonds
National Highway Authority of India
Rural Electrification Corporation
Power Finance Corporation
Indian Railway Finance Corporation
What is minimum and maximum Investment limit?
Each bond is available at a face value of Rs. 10,000
Minimum Application Size – One Bond (Rs. 10,000)
Maximum Application Size – 500 Bonds (Rs. 50 Lacs)
Is bond transferable?
The Bonds are non-transferable, non-negotiable, and cannot be Offered as a security for any loan or advance
What is Tenure of bond?
At par, 5 years from Deemed Date of Allotment
What is Deemed Date of Allotment?
Last day of the month during which the application amount has been cleared and credited to Issuer’s collection account
What is coupon Rate?
Payable @ 5.00% annually
How to apply?
Download Form – NHAI REC PFC IRFC
Along with the form, please courier the following documents :
- Self attested PAN Card
- Self attested Adhar Card
- Cheque in favor of issue
- Photograph
Address :
Globalview Financial Services LLP
B/603, Aditya Arunodaya Complex, Krishnastal Compound, Mira Gaon, Mira Road East, Thane 401107
