capital gain tax exemption bond or 54 ec bonds

If you have got capital gain on Sale or Transfer of capital assets, you can claim Tax Benefits by investing in 54 EC Bonds, so as to save the gains made on that specific asset.

Features

  • Rate of Interest is 6%
  • TDS on interest will not be deducted
  • Comes with a lock in period of 3 years.

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  • Only Individual whose annual income is less than 12 lakhs can invest in this scheme.
  • The lock in period is 3 years, but it can be traded after 1 year.