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Save Tax on Long Term Capital Gain

Capital gain bonds or 54EC bonds are the fixed income instruments that provide capital gains tax exemption under section 54EC to the investors. The tax liability on long-term capital gains from the sale of immovable property can be reduced by purchasing 54EC bonds. To avail of the tax exemption, the investment must be made within 6 months of the date of sale of immovable property.

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 :

  1. Self attested PAN Card
  2. Self attested Adhar Card
  3. Cheque in favor of issue
  4. Photograph

Address :

Globalview Financial Services LLP

B/603, Aditya Arunodaya Complex, Krishnastal Compound, Mira Gaon, Mira Road East, Thane 401107

Atish Hire

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Atish Hire
4 years ago

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