Capital Gain Bonds

Capital bonds are being issued as 'Long term specified assets' within the meaning of Sub- Section 54-EC of the Income Tax Act, 1961. Those desirous of availing exemption from capital gains tax under Section 54 EC may invest in these bonds. Capital gains arising from transfer of Long-term capital assets can be invested in these bonds within a period of six months from the date of transfer of the asset for getting exemption from the capital gains tax. Available bonds are shown below

List Of Available Bonds

Particulars

REC Bond

NHAI Bond

Face Value

Rs.10000 per Bond

Rs.10000 per Bond

Minimum Application

Two Bonds of Rs.10,000 each

One Bond of Rs.10,000

Maximum Application

500 Bonds of Rs.10,000 (Rs.50,00,000)

500 Bonds of Rs.10,000 (Rs.50,00,000)

Maturity

3 years from the Deemed date of allotment

3 years from the Deemed date of allotment

Coupon Rate

5.25% payable annually

5.25% payable annually

Interest Payment

Annual

Annual

Transfer

Non-Transferable

Non-Transferable

TDS

No TDS from domestic investors

No TDS from domestic investors

For any query, please feel free to contact us.