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 2 years, 12 months ago by Half-God Half-Man
Should these bonds be bought before due date or withing previous year?
Posted 2 years, 12 months ago by Rahul Rai
BUy these bonds within 6 months from the date of transfer of capital assets
Posted 2 years, 11 months ago by Half-God Half-Man
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