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


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