What are the salient features of these bonds ?

1. Only Long term capital gains are exempted 

2. Lock-in Period is 3 years 

3. REC & NHAI issue these capital gain bonds

4. Interest @ 6% pa paid annually

5. Interest from the bonds is taxable however no TDS is deducted

6. Max amount of Investment - Rs 50 Lakhs

7. These Bonds are non-transferable, non-negotiable

8. These bonds cannot be given as security for any loan or advance


Posted 3 years, 3 months ago by Half-God Half-Man

Should these bonds be bought before due date or withing previous year?

Posted 3 years, 3 months ago by Rahul Rai

BUy these bonds within 6 months from the date of transfer of capital assets

Posted 3 years, 2 months ago by Half-God Half-Man

Your Reply:

You need to be logged in to reply.