We offer Capital Gains Bond under Section 54EC of the Income Tax Act, 1961. These bonds are being issued as ‘Long term specified assets’ within the meaning of Explanation (b) to sub-section (3) of 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. Such Bonds are issued by SIDBI, NHB, NHAI and REC.
Bonds as issued by the Reserve Bank Of India (RBI). The rate of interest offered is 7.15 per cent, payable half yearly with cumulative and non-cumulative option available. Tenure is six years.
Advantages: safety, guaranteed return.
Disadvantage: interest is taxable.
We are a leading AMFI Registered Mutual Fund Distributor and also deal in Loans against Mutual Funds, Stockbroking and General Insurance products. Read more >>
AMFI Registration Number (ARN) : 98654. Registered Since : 17th Nov 2014. ARN Validity : From 17th Nov 2023 to 16th Nov 2026
Grievance Officer’s – Naveen Sharma | Phone – 9810555545 | Email ID – Naveen.sharma@rvn.co.in
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